Circular Economy in GCC: Potential, Prospects and Challenges

The concept of a circular economy has been gaining a lot of momentum on the agenda of many countries in recent years. In its core, it describes an economic model which opposes the current so-called linear economy, where output is produced, used and disposed at the end of its lifespan. In contrast, circular economy advocates suggest a model in which raw materials used during the life cycle of a good are completely reintegrated into the production process. Circular economy, therefore, means more than just to recycle your old appliances, but includes considerations about how to redefine products and services in … Continue reading

A Glance at Waste-Free Economy

Growth from trashing the planet was never a clever idea and linear economics has now reached the end of the line. The ‘more is better’ economy does not need to be stimulated to grow nor constrained from growing. It needs to be entirely replaced by ‘positive development’ in which markets work to automatically, systematically make things better both locally and globally. The folly of endless resources extraction, endlessly unmet human needs and endless waste dumping can end. Linear economics can be replaced by ‘circular economics’. Waste-Free Growth Model A switch towards waste-free economy would preserve and regenerate material value and … Continue reading