Circular economy is a system based on keeping resources in use for as long as possible, looking beyond the current take-make-waste model, which humans have been dependant on since the industrial revolution.
It is a module designed to fight the exploitation of natural resources which in turn reduces greenhouse gas emissions, air pollution and optimises agriculture. These benefits businesses, society and the environment.
According to a study made by the Ellen McArthur Foundation, ‘… such an approach could boost Europe’s resource productivity by 3 percent by 2030.’
Buzz reporter Martine Kaino spoke to Caroline Herlofsen who works in Spire, a Norwegian political youth organisation working with young people across countries to inform and educate them about creating a more sustainable globe.
What are the advantages of a circular economy?
” Our ecological footprint will be severely reduced, the climate will really notice this reduction of our overuse. I also think it will give us economic advantage, as consumers can save money and use them on other experiences.
I’m very conscious of my consumption, but even for me, I learned how many things I don’t actually need. When people learn about these benefits I think many people will find an awakening.
Ms Herlofsen believes that all of us share the responsibility of going green, including, businesses and politicians. Adding that consumers will have to adapt their lifestyle and go through a mental change.
People need to ask themselves twice if they actually need to buy another shirt.”
But aren’t we already good at reusing our material?
” Vintage shopping is already very popular, but I think we can get even better at reusing and selling things we don’t need anymore.
She argues that technology already has advanced enough to complete this change, adding that consumers are ready for it. But stresses the fact that the politicians and the people in power need to start the initiate change.
I think consumers are more than willing to complete the changes that are necessary. Instead of looking at the negative impacts we can start to focus on the benefits, and look for all the opportunities a green economy can give us.”