Circular Economy

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Term Info
Circular Economy
Category Sustainable Development Terms
Last Edit By FIDIC
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Last Edit Date 2018-06-15

Circular Economy means :

SDABC2015.png The ABC for Sustainable Cities - A glossary for policy makers. 1st edition (2015)

Circular Economy is an economy that balances economic development with environmental and resource conservation. It puts emphasis on environmental protection and the most efficient use of and recycling of resources. A Circular Economy features low consumption of energy, low emission of pollutants and high efficiency. It involves applying Cleaner Production in companies, eco-industrial park development and integrated resource-based planning for development in industry, agriculture and urban areas. The Circular Economy was adopted by the Chinese Government in the last five-year plan (2001-2005) as the development model for China to follow. (1)

(1) UNEP (undated),