The Importance Of A Circular Economy Post COVID-19 – Entrepreneur

The Importance Of A Circular Economy Post COVID-19 – Entrepreneur

November

26, 2020



4 min read











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Modern industries traditionally follow the ‘take, make, waste' pattern. This method requires a continuous flow of resources, often obtained from far away areas of the globe. In the long run, this approach puts a strain on our natural resources, creates large amounts of waste and eliminates the possibility of using the full value of raw materials. In addition, when a major disruption occurs (pandemic, natural disasters, political bans, etc.) this linear model collapses and does not allow local productions or businesses to sustain.The model of local circular economy may provide the answer to this problem, as it aims at every level to reduce, reuse and recycle waste. By designing out waste, keeping products and materials in use and regenerating natural systems, it creates vital opportunities for economic growth that also restores the environment and benefits society.The circular economy model is then an effective solution for preserving and replenishing water, energy and material resources at local level; an approach which has been strongly echoed here in the UAE. First, replenishing these resources means recycling materials, developing renewable energy sources and