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Circular economy: Definition, importance and benefits


EU Reporter
Published 3 months ago
The circular economy: find out what it means, how it benefits you, the environment and our economy with the infographic below. The European Union produces more than 2.5 billion tonnes of waste every year. It is currently updating its legislation on waste management to promote a shift to a more sustainable model known as the circular economy. In March 2020 the European Commission presented, under the European Green Deal and as part of the proposed new industrial strategy, a new circular economy action plan that includes proposals on more sustainable product design, reducing waste and empowering consumers (such as a right to repair). Specific focus is brought to resource intensive sectors, such as electronics and ICT, plastics, textiles and construction. ....

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