kiertotaloutaa

Kiertotaloutta, commonly translated as circular economy, is an economic model that aims to eliminate waste and the continual use of resources. It contrasts with the traditional linear economy, which follows a "take-make-dispose" model. In a circular economy, products and materials are kept in use for as long as possible, extracting maximum value from them while in use, then recovering and regenerating products and materials at the end of each service life. This involves strategies like designing for durability, repairability, reuse, and recycling. The core principle is to decouple economic growth from the consumption of finite resources. Key elements include product longevity, remanufacturing, refurbishment, and the development of new business models based on services rather than ownership. The concept emphasizes sustainable resource management, environmental protection, and economic resilience. It seeks to create a system where waste is minimized and resources are circulated, thereby reducing environmental impact and fostering innovation.