The circular economy model illustrates the continuous flow of materials in a regenerative system, in contrast to the traditional linear "take-make-waste" model. It consists of two main cycles:The technical cycle focuses on non-biodegradable materials like metals and plastics, with the goal of maintaining their value by reusing, repairing, remanufacturing, and recycling them, rather than discarding them as waste.The biological cycle focuses on biodegradable materials like food and wood, which are designed to safely re-enter the biosphere through processes like composting, so they can regenerate natural systems like soil. The waste of one material becomes 'food' for another.
A key principle of the circular economy is powering these cycles with renewable energy, rather than finite resources. This helps decouple economic activity from the consumption of limited resources.
The overall aim of the circular economy model is to eliminate waste, circulate products and materials, and regenerate natural systems, creating a continuous flow where waste becomes a valuable resource.