With rising concerns about resource depletion, environmental degradation, and climate change, the circular economy is gaining traction as a sustainable alternative to the linear 'take, make, dispose' model. By focusing on waste and energy management, this approach minimises waste, maximises resource use, and drives economic development in society. It encourages innovation in product design, manufacturing, and business models, such as recycling, reusing, and leasing, which reduce the demand for raw materials and lower emissions. A circular economy fosters new business opportunities, and job creation, and contributes to sustainable economic growth. Achieving this vision requires collaboration between governments and businesses, ensuring the adoption of practices that support long-term environmental and economic sustainability.
To know more: https://cms.org.in/seo-blogs/implementing-a-circular-economy-how-governments-and-businesses-can-work-together-for-a-waste-free-future