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Tag: Circular economy

Leveraging technology key to achieve circular economy
Technology

Leveraging technology key to achieve circular economy

The circular economy doesn't discard, it is driven towards the optimal utilization of a resource and the reduction of waste to a minimum. As a model fundamentally premised upon sharing, leasing, reusing, repairing, refurbishing and recycling, it is a shift towards sustainability the world could certainly make the most of. Unlike the conventional linear economy that creates, consumes and then throws away, a circular economy comes with the promises of environmental benefits, boosting growth and greater choices in terms of products with a longer life cycle. With this shift clearly appearing as a worthy manoeuvre, it is necessary to think of the tools needed to make this paradigmatic change. The answer, quite simply, lies in what has revolutionized our present: technology. As per Mapfre, in...