The “Green Deal” adopted by the EU has set ambitious targets and also outlined a policy framework for the Circular Economy. Europe is to be climate-neutral by 2050. In this context, 50 percent of greenhouse gas emissions are to be saved through the circular economy, i.e., through resource-conserving circular economic activity. But it is not only for these reasons that it makes sense for manufacturing companies to address the issue early on and build up a circular strategy. A corresponding, accompanying offer is provided by the Prosperkolleg.
The concept of circular economy describes a sustainable economic system in which thought and action are taken in cycles that are as closed as possible in order to secure the economic and social benefits of products, components and materials in the long term while respecting the ecological limits of our planet.
Circular economy thus contrasts with the currently dominant “linear” economic system, in which value creation ends abruptly after a short chain of raw material extraction, processing and consumption with often inadequate disposal, landfilling or purely energy recovery.(continue to article)