Circular Economy. The Most Complete Guide to Transitioning to a Circular Economy

The circular economy is a solution for company growth without harming the planet. In this book, the authors demonstrate how to transition to a circular economy through various business models, technologies, and industries.
Today, economic growth still depends on the exploitation of natural resources. This is our linear model. However, under conditions of resource scarcity, climate change, and new social challenges, it only exacerbates problems. The current model of production and consumption is unsuitable for a world where around 9 billion people will live by 2050, especially with the steadily increasing level of consumption. Even the achievements of the fourth industrial revolution cannot change the situation. To do this, new business models and new principles of production and consumption are needed.

In a circular economy, growth is not linked to the exploitation of limited resources. Finished products and raw materials remain in the production chain for as long as possible, and when their usage period comes to an end, they are returned back to the system (thus closing the loop). To achieve true circularity, it's necessary to rethink and transform value creation chains. In this book, the authors show how to do this.

The authors of the book are not only academic scholars but also globally recognized experts who have led the largest programs and research on circular economy and sustainable development strategies. They consult owners and top managers of Fortune 500 companies as well as leaders of public organizations on waste-free production and circular economy issues.

The book was written in support of the WEF initiatives, the forum of Young Global Leaders, and the PACE Platform (to accelerate the transition to a circular economy). The forewords to the book are written by the executive director of PACE and other co-founders of the program, as well as global opinion leaders.