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What is the circular economy?


Currently, topics such as sustainability, the environment, and recycling are at the forefront. With increasing natural disasters and catastrophes caused by climate change, it is necessary to look at the whole and understand where real and positive changes for our planet can be applied, one of which is the transition to a circular economy system. But after all, what is the circular economy?

The origin of the concept of circular economy is a topic of debate. Although some argue that the idea itself, without a name at the time, first emerged in a research report authored by economists Walter Stahel and Genevieve Reday for the European Commission, the birth of the concept as we know it today is attributed to David Pearce and Kerry Turner, two British economists and environmentalists, who, in 1989, stated in a journalistic article that traditional economics did not take into account the recycling process and, therefore, was unsustainable.

The traditional economy, which operates in a linear way, aims at the disposal of products. In contrast, the circular economy is based on principles, according to the Ellen MacArthur Foundation, the end of waste and pollution, the circulation of products and goods as opposed to their disposal, and finally, working towards the regeneration of nature.

In simple terms, the circular economy is nothing more than a concept based on the responsible use of natural resources, associated with economic and industrial development, through new systems and business models, while also prioritizing the use of recyclable, reusable, and longer-lasting raw materials.

Image source: Opersan

Although the circular economy is still a relatively unknown concept to the public, large institutions are already aware of the need for change. In this context, in December 2015, the European Commission approved its first circular economy action plan, with 54 actions to be taken by different European countries to ensure that the transition to this economic model is carried out efficiently, responsibly, and always considering economic competitiveness and job creation. The five main areas to be addressed in this plan are related to plastic use, combating food waste, the use of essential raw materials, construction and demolition, and finally, biomass and derived products ( bio-based ).

Image source: European Commission

One of the main objectives of Digiplanet is to promote the circular economy. This is clear in our values and, through the process of refurbishing and subsequently reselling refurbished IT equipment, we are contributing to the sustainability and preservation of our planet through a responsible and more environmentally friendly economic activity.

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