Circular Economy
Here you’ll find materials on the circular economy and how to balance efficient resource use with economic development and social equity, underpinned by a transition to renewable energy.
A circular economy aims to redefine growth by balancing economic development with environmental protection. Under a circular economy framework, materials and resources are reused in a virtuous cycle that rebuilds natural capital, restores the value of used resources, and reduces pollution and waste. Effective conceptualization and implementation of the circular economy at the city level must be systemic, gradually decoupling economic activity from the consumption of finite resources and designing waste out of the system. Underpinned by a transition to renewable energy, the circular model also generates cost savings from reduced resource use and emissions and promotes inclusive and equitable local job creation.