A circular economy is a necessity to create a sustainable future. “A circular economy is an economic system aimed at minimizing waste and making the most of resources. This regenerative approach is in contrast to the traditional linear economy, which has a ‘take, make, dispose’ model of production. In a circular system resource input and waste, emission, and energy leakage are minimized by slowing, closing, and narrowing energy and material loops; this can be achieved through long-lasting design, maintenance, repair, reuse, remanufacturing, refurbishing, and recycling, all implemented via corporate and social entrepreneurship.”
How to Embrace the Circular Economy for Sustainability
While it may seem overwhelming looking at all the issues we face for a more sustainable future, we can all do more each day to help. Small changes by everyone each day will add up over time.
We can make smarter choices in how we consume items. Our current model of “take, make, dispose” is creating vast amounts of waste.
From the Business of Fashion, “Consumers keep clothing half as long as they used to. For example, a survey done in Britain found that one in three young women consider clothes “old” after wearing them once or twice. One in seven considers it a fashion faux-pas to be photographed in an outfit twice. Simply put, young people today crave newness, and these cohorts are much more likely to embrace churn in their wardrobes. At the same time, younger generations are more interested in sustainable clothing than older consumers.
Rental, resale and refurbishment models lengthen the product lifecycle while offering the newness consumers desire.”

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