Circular Business Models
What is the circular economy?
Looking beyond the current take-make-dispose linear economy model, a circular economy aims to redefine growth, focusing on positive society-wide benefits. It is about minimizing waste generation and maintaining the economic value of products, materials and resources as long as possible. It also entails gradually decoupling economic activity from the consumption of finite resources, and designing waste out of the system. Underpinned by a transition to renewable energy sources, the circular model builds economic, natural, and social capital. It is based on three principles:
⦁ Design out waste and pollution
⦁ Keep products and materials in use
⦁ Regenerate natural systems
Re-thinking Progress: The Circular Economy
There’s a world of opportunity to rethink and redesign the way we make stuff. ‘Re-Thinking Progress’ explores how through a change in perspective we can re-design the way our economy works – designing products that can be ‘made to be made again’ and powering the system with renewable energy. It questions whether with creativity and innovation we can build a restorative economy.
Check out this video by the Ellen MacArthur Foundation
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Inner Circle: Making the Impossible, Possible
Are you looking for a circular business model that would be valuable in your city? Check the examples below!
Provision Coalition Inc.
Provision’s Purpose is to make food sustainably. Our vision is the creation of a circular food system in Canada and beyond.
To bring to businesses around the world all of the advantage of the Sharing economy
Chop Value YYC
Beautiful circular economy products from an innovative high-performance engineered material, made entirely of recycled chopsticks.
ShareWares’ mission is to end the world’s single-use waste crisis by empowering cities around the globe to become circular and operate almost entirely on reusable packaging.
Styro-Go Canada Inc.
Taking care of tomorrows problem today. We offer mobile plastics densification of polystyrene and other “problem plastics”.