Investing in the in circular economy with Eurizon
The transition from linear to circular economy…
Modern economies are based on linear systems, in which the resources are drawn from the environment and not returned, which means that for mass production ends resources are used that turn into waste even after being used only once.
This production and consumption model is no longer compatible with the planet’s resources, therefore we now need to make the transition from a linear economy to a circular economy.
What is the difference between circular economy and linear economy?
The transition from the linear economy to a circular economy consists of revolutionising the production system in order to prevent the irreversible exhaustion of natural resources – towards which the linear economy tends – and achieve the net zero greenhouse gas emissions target.
There is more to the circular economy than just recycling: reducing the use of virgin materials, pollution and waste to a minimum, by adopting new production and consumption models based on sharing, extended use, repairing, regenerating and, only as a last resort, recycling.