circular economy
Circular Economy
The German and European economies are largely conventionally linear. The traditional value chain begins with the extraction of natural resources, passes through industrial processing, and leads to the use of the products produced by intermediate users and end consumers in industry and private households. As a result, waste is generated at all stages of the product cycle, which has mostly been incinerated and thus disposed of in a climate-damaging manner. Often, waste is still dumped on partially uncontrolled landfills or dumped into the seas.
A modern circular economy focuses on closing the value creation cycle as much as possible, among other things by using modern technologies to enable the reuse of originally used resources and minimize the amount of non-recyclable waste materials.
In Europe, plastic waste amounts to around 16.8 million tonnes annually, with about 3.4 million tonnes of used tyres added. The current solution for waste disposal is mainly the use of waste incineration plants and substitute fuel power plants. These emit harmful substances, including CO2 to a considerable extent. According to estimates by the German Federal Ministry for Economic Cooperation and Development, global greenhouse gas emissions could be reduced by about 10 percent to 15 percent through improved waste management.
Sources: https://www.bmz.de, zertifizierte-altreifenentsorger.de, europa.eu
The Importance of the Circular Economy for Climate Protection
The concept of the circular economy is included in numerous internationally adopted packages of measures as one of the responses to the lack of influence on the negative effects of climate change through a consciously different kind of economy. The signs of the times have been recognized: there is now an explicit "Circular Economy Action Plan" at the EU level, which is considered by experts as a cornerstone of the multi-billion-euro public EU Green Deal. As part of its corporate policy, INVESTBOAT International also deals with methods and measures from other areas of the economy that counteract the negative effects of climate change outside the thermolysis process's procedural technology.
Conclusion
- less environmentally harmful waste production
- more security in raw material supply
- higher competitiveness
- innovations
- increased business growth and more secure, future-oriented jobs
- realization of comprehensive digitization
The circular economy of the future is based on an increasingly improving, more precise representation of product life cycles, new consumption models, and more regulated framework conditions. Digitization will play a significant role in integrating the various actors who contribute to the different areas of the circular economy.