Section 3.1: Business, the economy and sustainability
Section 3.2: Linear economy and the limits to linear consumption
Section 3.3: Changing business contexts and the imperative to act
Section 3.4: Closing the loop – towards a circular economy
3.4.1 Designing out Wastes (DoW)
3.4.2 Resilience building through diversity
3.4.1 Designing out Wastes (DoW)
The circular economy represents a shift in beliefs of moving from a linear “take, make, and waste” model towards a more resource efficient and sustainable system. The circular economy is designed to “close the loop” on waste, and to be able to regenerate by intention. It replaces the assumption of disposability with that of restoration, and seeks to create value in ways other than consumption of resources.