What is the concept of the "circular economy" in the context of the Green 7 Protocol?

The concept of the "circular economy," particularly in the context of the Green 7 Protocol, emphasizes the importance of closed-loop systems for resource reuse. This approach is designed to move away from the traditional linear production model, where resources are extracted, used, and then discarded, creating significant waste. Instead, a circular economy seeks to keep resources in use for as long as possible by reintroducing waste back into the production process, thus minimizing reliance on new resources and reducing environmental impact.

In this model, products are designed with reuse, repair, and recycling in mind, thereby promoting sustainability and reducing the total consumption of materials. The idea is to create a system where the end-of-life of a product becomes an opportunity for generating new resources, which contributes to environmental sustainability and economic resilience. This approach not only benefits the environment but also presents a business model that can lead to innovation and efficiency in production processes.