Economics Circular Economy Questions
A circular economy addresses the issue of climate change by promoting the efficient use of resources and reducing waste and emissions. It aims to minimize the extraction of raw materials and the production of new goods, instead focusing on recycling, reusing, and repairing existing products. This approach reduces the demand for energy-intensive manufacturing processes and decreases greenhouse gas emissions. Additionally, a circular economy encourages the use of renewable energy sources and promotes sustainable practices, contributing to the mitigation of climate change impacts.