Since the birth of the industrial revolution, the global economy has been based on a linear “take, make and waste” model. It was taken for granted that the resources needed to drive growth would be available forever.
But it has become clear that these resources — from water and land to energy and food — are, in fact, facing severe constraints. This has led to the concept of the circular economy, which promotes a way of doing business that tries to decouple economic growth from the overuse of resources, gaining traction. Read more