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CIRCULAR ECONOMY.pptx
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- 2. • Surabaya Bus •Payment with PlasticWaste • Collecting around 34Ton of PlasticWaste within 10 months • Process to plastic seeds and sale it with profit around 45,000 RM 2 10/7/2023 Add a footer
- 3. WHAT IS CIRCULARECONOMY 3 10/7/2023 Add a footer • The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended. • In practice, it implies reducing waste to a minimum. When a product reaches the end of its life, its materials are kept within the economy wherever possible.These can be productively used again and again, thereby creating further value.
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- 5. WHO WILL INVOLVEDIN CIRCULAR ECONOMY 5 10/7/2023 Add a footer The circular economy can cover a broad scope includes products, infrastructure, equipment and services, and applies to every industry sector. It includes 'technical' resources (metals, minerals, fossil resources) and 'biological' resources (food, fibers, timber, etc.).The circular economy can focused on different areas such as industrial applications with both product-oriented, natural resources and services, practice and policies to better understand the limitations that the CE currently faces, strategic management for details of the circular economy and different outcomes such as potential re-use applications and waste management.
- 6. WHY DOWE NEEDTOSWITCHTO A CIRCULAR ECONOMY 6 10/7/2023 Add a footer The world's population is growing and with it the demand for raw materials. However, the supply of crucial raw materials is limited. Finite supplies also means some countries in different contintent are dependent on other countries for their raw materials. In addition extracting and using raw materials has a major impact on the environment. It also increases energy consumption and CO2 emissions. However, a smarter use of raw materials can lower CO2 emissions.
- 7. WHEN WASTHE CIRCULARECONOMY INVENTED 7 10/7/2023 Add a footer The concept of circular flow for materials and energy is not new. It was first introduced in a book by Kenneth E. Boulding in 1966, who claims that we should be in a "cyclical" production system. The term "circular economy" first appeared in the book "The Economics of Natural Resources" in 1988, and it was rapidly adopted by Pearce and Turner to describe an economic system in which waste is turned into inputs during the extraction, production, and consumption stages. As a first step, China began incorporating the concept into its industrial and environmental policies in the early 2000s in order to make them more resource- focused, production-oriented, waste-oriented, use-oriented, and life cycle oriented.
- 8. WHEREWASTHE CIRCULAR ECONOMYFIRSTLY ADOPTED 8 10/7/2023 Add a footer The first circular economy was formally adopted is in 2002 as the new model of sustainable development (Geng and Doberstein, 2008: 232). In China by then the organisation of the circular economy was already being conceptualised at three levels: the micro, where it was largely equated to cleaner production in the firm, the meso, where it was identified with the many ‘Eco-Industrial Parks’ that were springing up round the country, and the ‘macro’, which involved region-wide circular economy thinking and planning
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- 10. HOW IS CIRCULARECONOMY DIFFERENT FROM A LINEAR ECONOMY 10 10/7/2023 Add a footer A circular economy is fundamentally different from a linear economy. To put it simply, in a linear economy we mine raw materials that we process into a product that is thrown away after use. In a circular economy, we close the cycles of all these raw materials. Closing these cycles requires much more than just recycling. It changes the way in which value is created and preserved, how production is made more sustainable and which business models are used. These aspects are explained in more detail below.
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