This document discusses the need to transition to a circular economy model from the current linear "take-make-waste" model. It notes that resource extraction and waste are problems that will be exacerbated by population and economic growth. A circular economy aims to keep resources in use for longer, eliminate waste, and reuse materials repeatedly through measures like recycling and upcycling. The document presents a company called Moreloop that operates an online marketplace connecting garment factories with surplus fabrics to small businesses seeking fabrics, with the goal of making the circular economy a reality by reducing waste and keeping materials in circulation.