Have you ever heard of the term “circular economy”? It is a system that strives to eliminate waste by reusing and recycling resources to keep them in circulation for as long as possible before disposal.
Conversely, a linear economy, which is what most countries operate, is one that takes raw materials, creates a product, uses the product, and disposes of the product. This traditional sort of economy based on extraction and consumption is often referred to as the “take-make-use-dispose” system.
The circular economy reduces waste and minimizes resource extraction because raw materials are kept in use longer. Countries are now realizing the economic benefits of transforming to a circular economy and Nigeria is not exempt. This came to focus last week at the Sustainability Week Lagos event themed “The emerging circular economy and Nigeria”.
Optimal Greening is an advocate for renewable options to protect the environment, reduce reliance on coal, oil, and gas, and mitigate resource waste. Learn more about this important theme and let’s keep the conversation going….