It is estimated that humans consume approximately 1.75 times the resources the earth is capable of producing. The World Economic Forum’s Director of Human Resources Circularity, Kristin Hughes, argues that the only way to meet our needs with fewer resources is through processes and products that minimise waste. She also emphasises maximum reuse, repair and recycling of materials, which means knowing the full life cycle of products.
This would be the definition of the ‘Circular Economy’, and although it is known, putting it into practice is more complicated. Some 60% of active circular economy initiatives have not yet reached the necessary scale due to lack of technological capabilities, inconsistencies with industry standards or lack of connections with other industry players.
More information on the Retema, Revista técnica del Medio Ambiente website.