Circularity

Circularity, central to the Circular Economy (CE), is a systemic approach aimed at eliminating waste and maximizing the utility of finite resources through closed-loop systems. It focuses on resource efficiency, waste minimization, regenerative practices, and extending product lifecycles via maintenance, repair, and refurbishment. Key initiatives include sustainable strategies for electronics, batteries, textiles, packaging, and construction, as outlined in the European Union’s Circular Economy Action Plan. The shift toward circularity is driven by environmental concerns, resource scarcity, economic incentives, regulatory pressures, and technological advancements.