THE ROLE OF CIRCULAR

ECONOMY IN ACHIEVING NET

ZERO LIFESTYLE
 journey towards a Net Zero Lifestyle... 05
Level 4:
Level 3: Scaling the Impact Level 5:
Implementing Strategies
• Challenges & Solutions
03 Global Impact Conclusion
04

Level 1:
Basic Understanding
• Circular Economy
• Net Zero Lifestyle
Level 2:
02 Let’s Dive Deeper
01 • From Linear to Circular
• Why Circular ?
 LEVEL-1

BASIC UNDERSTANDING
Circular Economy
NET ZERO
LIFESTYLE

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 Circular Economy
Circular economy is an economic system aimed at eliminating waste and promoting the continual use of
resources. In a circular economy, resources are kept in use for as long as possible, and the maximum
value is extracted from them while in use.

Circular MODEL OF
ECONOMY
01 Reduce,Reuse,Recycle

Circular 02 Closed Loop System

Economy
03 Resource Efficiency

04 Extended Lifespan
 DECODING THE CONCEPT OF NET ZERO
Imagine you're trying to balance your budget. You have income from your job, but you also have expenses like rent,
groceries, and bills. Net Zero is like making sure your income equals your expenses – you're not spending more money
than you're earning.

Here's how it relates to greenhouse gases and climate change:

• Income: This represents the greenhouse gases we emit into the atmosphere through activities like driving cars, using
electricity, or producing goods.
• Expenses: These are the actions we take to reduce, remove, or offset those greenhouse gases, such as using renewable
energy sources, improving energy efficiency, or planting trees to absorb carbon dioxide.

To achieve Net Zero, you need to make sure your greenhouse gas emissions (income) are balanced by the actions you take
to reduce or offset them (expenses). Just like you wouldn't want to go into debt by spending more money than you earn,
we don't want to add more greenhouse gases to the atmosphere than we can handle.
 LEVEL-2

LET’s DIVE DEEPER

From LINEAR TO
CIRCULAR
BENEFITS OF CIRCULAR
ECONOMY

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Circular Economy VS LINEAR MODEL OF ECONOMY
LINEAR
TAKE
MODEL
Raw materials extraction

MAKE
Manufacturing,Distribution & Use

DISPOSE
Dispose at end of life

Materials get used & wasted = Loss of resources What goes around= Comes around
 BENEFITS OF CIRCULAR ECONOMY

RESOURCE WASTE ENVIRONMENTAL ECONOMIC SOCIAL EQUITY

CONSERVATION REDUCTION PROTECTION BENEFITS

By reducing resource
Our planet has finite The linear "take-make- extraction, minimizing waste Transitioning to a circular A circular economy can
resources, and many are dispose" model of our current generation, and lowering economy can stimulate contribute to social equity by
being depleted at economy generates massive energy consumption, a economic growth, create improving access to essential
amounts of waste, leading to circular economy helps jobs, and drive innovation. resources, reducing
unsustainable rates. A
pollution, habitat destruction, mitigate environmental It fosters new business disparities in resource
circular economy promotes
and overflowing landfills. A degradation and combat models based on resource availability, and fostering
the efficient use of circular economy aims to climate change. It promotes inclusive growth. It promotes
resources by keeping efficiency, recycling, and
minimize waste by designing sustainable practices that sustainable production, a more equitable distribution
products and materials in products for reuse, recycling protect ecosystems, conserve of benefits and opportunities
offering opportunities for
use for as long as possible, materials, and repurposing biodiversity, and reduce across communities and
entrepreneurship and
reducing the need for resources. greenhouse gas emissions. populations.
investment.
extracting new resources.
 LEVEL-3

IMPLEMENTING
STRATEGIES
CHALLENGES
SOLUTIONS

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 CHALLENGES OF CIRCULAR ECONOMY
1. Behavioral Change: Encouraging individuals and businesses to adopt new habits and embrace
circular practices.
2. Infrastructure and Technology: Investing in the necessary infrastructure and technologies to
support recycling, remanufacturing, and resource recovery.
3. Supply Chain Complexity: Coordinating collaboration among stakeholders across complex supply
chains to facilitate circularity.
4. Financial Barriers: Overcoming upfront costs associated with transitioning to circular business
models and infrastructure upgrades.
5. Policy and Regulation: Developing consistent and effective policies and regulations to drive the
transition to a circular economy.
6. Cultural and Social Factors: Addressing cultural attitudes and social norms that may hinder the
adoption of circular economy practices.
7. Product Design and Innovation: Promoting innovation in product design to make products more
durable, repairable, and recyclable.
 SOLUTIONS OF CIRCULAR ECONOMY
Behavioral Change:
• Education and Awareness Campaigns: Informing and educating individuals and businesses about the benefits
of circular practices.
• Incentives and Rewards: Providing incentives, such as tax breaks or discounts, to encourage the adoption of
circular behaviors.
• Collaboration and Partnerships: Fostering collaboration among stakeholders to collectively promote
circularity and share resources.

Infrastructure and Technology:

• Investment in Infrastructure: Allocating funding for the development of recycling facilities and waste
management infrastructure.
• Technology Innovation: Investing in research and development of innovative technologies for recycling and
resource recovery.
• Public-Private Partnerships: Facilitating partnerships between government and industry to drive technological
innovation and infrastructure development.
 SOLUTIONS OF CIRCULAR ECONOMY
Supply Chain Complexity:
Supply Chain Transparency: Improving transparency and traceability across supply chains to facilitate
collaboration and circularity.
Circular Procurement Practices: Encouraging the adoption of circular procurement policies to prioritize
sustainable products and services.
Industry Collaboration Platforms: Establishing platforms for industry stakeholders to exchange knowledge and
collaborate on circular initiatives.

Financial Barriers:
Financial Incentives: Providing financial incentives, such as grants or subsidies, to support circular
investments.
Public-Private Partnerships: Facilitating collaboration between governments, financial institutions, and
businesses to co-finance circular projects.
Risk Mitigation Instruments: Developing financial mechanisms, like insurance products, to mitigate risks
associated with circular investments.
 SOLUTIONS OF CIRCULAR ECONOMY
Policy and Regulation:
• Policy Harmonization: Harmonizing policies and regulations to create a conducive environment for
circular economy development.
• Regulatory Incentives: Providing regulatory incentives, such as tax credits, to encourage businesses
to adopt circular practices.
• Stakeholder Engagement: Engaging stakeholders in the policy development process to ensure
alignment with stakeholder interests.

Cultural and Social Factors:

• Public Awareness Campaigns: Launching campaigns to raise awareness about the benefits of
circular economy practices.
• Education and Training Programs: Integrating circular economy concepts into educational curricula
and providing training programs.
• Community Engagement: Engaging local communities in circular initiatives through participatory
decision-making and community-based projects.
 LEVEL-5

SCALING THE GLOBAL

IMPACT

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CIRCULAR ECONOMY AROUND THE GLOBE

Less Trash, More Space

Saving Resources

Fighting Climate Change

Creating Job Opportunities

 LEVEL-5

CONCLUSION

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 CONCLUSION
• The circular economy is pivotal for realizing the Net Zero lifestyle, reshaping how we
produce, consume, and manage resources.
• Its core tenets, including waste reduction, resource conservation, and sustainability,
redefine economic and environmental paradigms.
• Embracing circular principles fosters economic prosperity and social equality, paving the
way for a more sustainable and resilient future.
• Through the integration of circular economy practices, we inch closer to our collective
goal of achieving a Net Zero world.
• Together, we can flourish while safeguarding the planet's resources for generations to
come.