- | February 9, 2022
“Mom’s Store Nepal” enables reuse of baby clothes. It’s a business model that supports families, the circular economy, and sustainability awareness.
What if “waste” could be a resource?
That’s the vision of the “Circular Economy.” It’s a model where resources are recovered and reused and waste is reduced.
This approach co-creates environmental and economic value via flowing surplus, by-products and end-of-life materials where a higher order value application exists or can be created,” explains NBS Director Jury Gualandris. “Circular products and processes, when properly configured, avoid waste disposal, which is harmful to the natural environment, reduce extraction of virgin material, which depletes natural resources, and improve economic efficiency.”
We can move away from the current “linear economy,” where we take materials to make something and then get rid of it when we’re done using it.
The circular economy can happen at many levels: within a single company, across businesses, and across cities or countries. No matter which level you’re operating at, NBS can help you on the journey, with models, examples, and strategic tips.
Join NBS’s first Livestream to share thoughts, ask questions, and get practical insights on the circular economy. The LinkedIn Livestream will be Thursday, June 3 at 11:30 AM ET/ 3:30 PM GMT.
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