What the circular economy is good for
In this series of short explainers for the Green Alliance Circular Economy Task Force, we show why a circular economy is good for the UK economy, businesses and people.
Why the circular economy is good for the UK
This short graphic explainer shows how the linear ‘take-make-waste’ economy could threaten future growth whereas a circular economy could support it, as well as cutting carbon emissions. It could reduce the UK’s dependence on volatile global supply chains, including for the critical minerals we need to achieve energy security. Circular businesses are already delivering for the UK economy, but increased repair, remanufacturing, reuse and recycling could generate even more new high quality jobs where they’re needed across the UK.
We outline five reasons why a circular economy is good for the economy, and propose three actions the government can take to deliver these benefits.
Why the circular economy is good for business
In this short graphic explainer we show how a circular economy could open up new markets that currently have untapped growth potential. Higher resource productivity can mean higher profits, as well as protecting businesses from supply chain risks. In a world where consumers increasingly prefer products from sustainable businesses, this would help companies meet their climate commitments and give them a competitive edge.
We outline five reasons why a circular economy is good for business, and propose three actions the government can take to deliver these benefits.
Why the circular economy is good for people
In this short graphic explainer, we show how a circular economy could help with the cost of living, through increased reuse, avoiding waste, easier access to repair and more durable products. It could bring an end to the frequent frustrations and costs of built-in obsolescence, and new business potential can help to revitalise local communities. Public polling reveals how much people hate waste and how ready they are for much greater ambition to tackle it.
We outline five reasons why a circular economy is good for people, and propose three actions the government can take to deliver these benefits.