Recycling raw materials mitigates the risks associated with supply, such as price volatility, availability and import dependency. However, the supply of crucial raw materials is limited. Reduce Raw Material Dependence: The global demand for raw materials in increasing with rising population.It also helps to reduce greenhouse gas emissions. Protect the Environment: Reusing and recycling products slows down the use of natural resources, reduces landscape and habitat disruption and helps to limit biodiversity loss. Circulate products and materials (at their highest value) Ĭircular Economy Benefits of Circular Economy.Circular Economy is based on three principles:.This way of living uses up finite raw materials and produces vast quantities of waste. The circular economy is an alternative to traditional linear economies, where we take resources, make things, consume them and throw them away.In this way, the life cycle of products is extended. The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible.It is most visible in developing Asian and African nations, where garbage collection systems are often inefficient. Plastic pollution is the buildup of plastic objects and particles in the environment (like bags, plastic containers, and microbeads) that harms wildlife, natural and wildlife habitats, and mankind.This report outlines the magnitude and nature of the changes required to end plastic pollution and create a sustainable circular economy that is friendly to humans and the environment.
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