5 Benefits you need to know about Circular Economy
 

How A Circular Economy Works

Disruptive organizational changes are necessary for sustainable development in our society and businesses. The circular economy (CE) paradigm presents a fresh opportunity for innovation and synergy between commercial enterprises, everyday life, and waste disposal.

In simple terms, a circular economy is one where we reuse our resources and re-inject them into the economy instead of disposing of them, resulting in a circular instead of a linear pattern of material and resource consumption.

Simple structural change is a significant barrier preventing the global community from implementing a circular economy. A lot of work will need to be put in by people, companies, and governments to build a real circular economy.

The enormous effort needed reduces the idea of a circular economy for many countries to little more than a pipe dream. However, several countries are trying to transition to a circular economy despite the herculean task they face to make it happen. These countries are motivated by the circular economy benefits. The UAE is one such example.

Why the UAE Is Looking to Transition to a Circular Economy

A circular economy would have significant global ecological, social, and economic benefits. According to one study, the advantages of a circular economy include the creation of US$7 billion in new income opportunities from recycling for urban centers and recyclers, the reduction of 250–350 million metric tonnes of carbon dioxide (CO2) in the atmosphere, the recovery of 80 million tonnes of material from domestic single-stream recycling, and the availability of suitable recycling for thirty million more households.

Many countries are switching from a linear to a circular economy due to the circular economy benefits. The UAE has committed significantly to implementing the circular economy, driven by similar motivations.

The UAE is working toward sustainability and has set several goals, including the development of alternative and renewable forms of energy, zero emissions, and zero waste. Implementing a circular economy is a crucial first step because these goals cannot be met in isolation and necessitate a comprehensive strategy.

Implementing a circular economy is essential for several reasons, including economic growth and helping the organization accomplish its objectives and goals. The circular economy can potentially increase the UAE's GDP growth and help the nation's ecological and social conditions by eliminating wasteful consumption and generating value from waste.

The steps mentioned above would not only assist the UAE in becoming a global leader in promoting the shift to a circular economy, but it would also give innovative and cutting-edge technology-based startups in the country an opportunity to showcase their innovations, network internationally, and achieve sustainable social and economic growth that benefits everyone in the UAE.

A suiting example would be the French company Veolia, implemented in the Near & Middle East. The company is working diligently to encourage the development of a local ecology that can sustain a circular economy. To this end, Recapp, the first free recycling pickup service in the UAE, is helping Veolia take the lead in promoting recycling awareness.

Recapp provides an easy and effective solution to schedule pickups for aluminum cans and plastic bottles, empowering each person in their recycling process. After downloading the Recapp application from Google Play or the App Store, users can separate recyclables from the general waste and schedule a pickup using the app. The recyclables will subsequently be collected by Recapp at the user's doorstep and recycled free of charge.

What Are The Main Benefits of A Circular Economy to the UAE?

The circular economy is an industrial paradigm that tries to increase resource efficiency and combat the unpredictability that climate change can bring to enterprises. It is renewable by design and purpose. The following are the five main circular economy benefits.

1.      Lower Greenhouse Carbon Emissions

The improvement of the planet's ecosystems and the prevention of over-exploitation of natural resources are two objectives of the circular economy. The circular economy can cut back on raw materials using carbon dioxide emissions, increase agricultural output, and lessen the negative consequences that the linear model causes.

2.      Reduced Consumption of Nonrenewable Resources

Scientists have been cautioning us about the risks of excessive resource usage for many years. We continue to use nonrenewable resources, such as oil and iron ores, as though there is a limitless supply of them now more than ever. This method cannot be continued.

Reusing materials and repairing old products (instead of tossing them away) is commonplace in a circular economy. We will consume fewer nonrenewable resources as a result of this.

Zero waste, or the idea that nothing is wasted, is the hallmark of a circular economy. In essence, it's a more wise use of the resources we already have.

3.      Healthy and Resilient Soils

The circular economy seeks to reduce the massive amount of environmental destruction and land exploitation. It will primarily be accomplished by enhancing farming practices to replenish vital nutrients in the soil. Naturally, the anaerobic composting mechanisms will play the most significant part in this plan.

It will result in less residue since the "waste" will be recycled into the soil. The circular economy's potential to maintain ecological balance while enhancing soil viability and resilience is probably its most significant advantage.

4.      Zero Waste

Reusing resources and goods to achieve zero waste is a vital pillar of a circular economy. Everyone benefits from this. Zero waste entails reducing landfills, the amount of rubbish in our waters, and ocean-bound plastics. It also implies that we can reuse resources rather than dig for them.

The circular economy model promotes growth, unlike many environmental models that advocate a decrease to attain zero waste. It is the ideal objective for businesses, people, and governments while meeting crucial ecological goals.

5.      Greater Potential for Economic Growth

It is essential to separate resource use from economic expansion. The income growth brought on by new circular activities, along with inexpensive production methods like repurposing and optimizing broken-down materials and goods, has the potential to raise the value of the nation's gross domestic product overall. As a result, the GDP growth will also strengthen the overall UAE economy.

Conclusion

Creating a circular economy is a significant task that will demand a global effort from people, corporations, and governments.

But considering all of the benefits of a circular economy to the UAE, there's simply no excuse not to begin implementing this approach right away. By minimizing your recyclable waste in landfills or the ocean, you can join the many businesses and individuals transitioning to a circular economy model.

Recapp can help you get started with an app that allows you to schedule a free pickup of recyclable waste. You can begin today by downloading the app now.