PATHWAYS TO A CIRCULAR ECONOMY - Port of Rotterdam
PATHWAYS TO A CIRCULAR ECONOMY - Port of Rotterdam
PATHWAYS TO A CIRCULAR ECONOMY - Port of Rotterdam
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ather than focusing on just one component in a chain. Inthe circular model, companies make, improve and renew.There are four principles that define the circular economy:1 Minimise the use <strong>of</strong> inputs and eliminate waste andpollution.2 Maximise the value created at each stage.3 Manage flows <strong>of</strong> bio-based resources from andback into the biosphere, and recover and retainflows <strong>of</strong> non-renewable resources in closed loops.4 Establish mutually beneficial relationships betweencompanies within each circular chain.Opportunities, not problemsThe circular economy is about looking for the upside inthe inevitable challenges that businesses are facing.Companies that are already engaged in the concept <strong>of</strong>the circular economy are facing up to these challenges,and in doing so, are finding new opportunities from sharingownership <strong>of</strong> the production, use and renewal <strong>of</strong> goodsand services.13/73PORT OF ROTTERDAM / RABOBANK<strong>PATHWAYS</strong> <strong>TO</strong> A <strong>CIRCULAR</strong> <strong>ECONOMY</strong>