Bruno Fux, INSEE Ecocycle Vietnam director, speaking at the circular economy conference A reality of the current society is that to support economic development, people have to exploit many natural resources, which can seriously damage the environment. How can businesses limit these negative impacts? At the “Zero Landfill in Circular Economy” conference organised by INSEE Ecocycle Vietnam, experts and industry leaders have discussed the circular economy model and focused on the practical application of this model in efficient waste management and the responsible consumption of natural resources. The circular economy: an inevitable trend Currently, we are living in a linear economy where products are made from natural resources, sold to the market, consumed, and then disposed into the environment. This linear economy model will lead to the over-exploitation of natural resources and generation of huge amounts of waste. If we continue applying this model, the total demand for resources is expected to reach 130 billion tonnes by 2050, which is more than 400 per cent over-use of the earth’s total capacity. Meanwhile, circular economy can help businesses to switch to a closed cycle of production and consumption in which waste – instead of being thrown away, wasted, and polluting the… Read full this story
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