How circular economy supports environmental and economic sustainability
The circular economy is reshaping the way societies produce, consume, and manage resources. By extending the life of products and reducing waste, this model offers environmental, economic, and social benefits that support long-term sustainable development.For decades, economic growth has largely relied on a linear model of production in which raw materials are extracted, transformed into products, purchased by consumers, and eventually discarded once they are no longer useful. Although this approach has fueled industrial expansion and increased access to goods, it has also placed significant pressure on natural resources and generated unprecedented levels of waste.Today, governments, businesses, and consumers increasingly…