Kaunas University of Applied Sciences Webinar: The Circular Economy

Kaunas University of Applied Sciences Webinar: The Circular Economy

- Clive Michelsen

, November 21, 2021

Mental health its economic challenges on the Circular Economy. It is no longer enough for the world just to take, produce and throw away. The linear economy model is being replaced by the circular economy model. The latter reveals the principle of 3R’s: reduction, reuse, recycling (Jusel, Burinskienė, 2019). Why is this important? How successful are we with it?The advancement of the circular economy has become a priority area for the development of the European Uniondue to the fact that it allows greater independence from resources. However, the countries of Eastern Europe are still characterized by linear production and consumption. Despite the EU initiatives to promote the principles of the circular economy in practice, there is a noticeable lack of productive use of natural and time resources as well as recycling of waste and creation of new value from it (Dagilienė, 2019). What are the results of it?The gloomy news are that “our world is only 9% circular” (The Circularity GapReport, 2019). Also noted that, according to Eurostat, in 2017 the average EUcircularity rate was 11.7%, while in Lithuania it was only 4.8%. https://www.youtube.com/watch?v=X304PlvEaIw

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