From the course: Circular Economy Business Strategies
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Circular economy concepts
From the course: Circular Economy Business Strategies
Circular economy concepts
- Before we finish up, I want to make sure you are equipped with as much knowledge as possible to take your circular journey forward. So let me run through some of the additional key terms and concepts that you might come across as you progress with the circular economy. Biomimicry. This is an approach to creating products and services that mimic the way nature works by studying and replicating the solutions found in the natural world. Cradle to Cradle, this is a concept of ensuring that the full life of a product is managed in a sustainable way that was made popular in a book of the same name, and it also has a certification system for products. Industrial ecology. These are ways of remodeling industrial systems to perform more like ecological ones and maximize value exchange. Industrial symbiosis, which is part of industrial ecology. This is when a network of diverse organizations collaborate to ensure that resources…
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