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