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82-683: Built by BESIX Group subsidiary Six Construct , the canal is crossed by 3 pedestrian/bicycle bridges, including the Dubai Water Canal Bridge, better known as the Twisted Bridge and now renamed Bridge of Tolerance, so named by His Highness Shaikh Mohammad Bin Rashid Al Maktoum , Vice-President and Prime Minister of the UAE and Ruler of Dubai on November 15, 2017. Roads and Transport Authority (RTA) built bridges over

164-841: A Belgian construction group based in Brussels , one of the world's leading international contractors according to the ENR ranking. Active since 1909, BESIX operates in Europe , the Middle East , Oceania , Africa , North America and Asia . Its achievements include Dubai ’s Burj Khalifa , the world's tallest tower , buildings of the European Parliament in Brussels, and the Grand Egyptian Museum on

246-517: A "closed economy," in which resources and sinks are tied and remain as long as possible part of the economy. Boulding's essay "The Economics of the Coming Spaceship Earth" is often cited as the first expression of the "circular economy", although Boulding does not use that phrase. The circular economy is grounded in the study of feedback -rich ( non-linear ) systems, particularly living systems . The contemporary understanding of

328-463: A circular economic system is a prerequisite for the maintenance of the sustainability of human life on Earth. Boulding describes the so-called "cowboy economy" as an open system in which the natural environment is typically perceived as limitless: no limit exists on the capacity of the outside to supply or receive energy and material flows. Walter R. Stahel and Geneviève Reday-Mulvey, in their book "The Potential for Substituting Manpower for Energy," lay

410-463: A circular economy by 2030 might result in an additional 7-8 million jobs being created globally. However, other research has also found that the adoption of circular economy principles may lead to job losses in emerging economies. On the other hand, implementing a circular economy in the United States has been presented by Ranta et al. who analyzed the institutional drivers and barriers for

492-496: A circular economy was identified as a national policy in China's 11th five-year plan starting in 2006. The Ellen MacArthur Foundation has more recently outlined the economic opportunity of a circular economy, bringing together complementary schools of thought in an attempt to create a coherent framework, thus giving the concept a wide exposure and appeal. Most frequently described as a framework for thinking, its supporters claim it

574-424: A circular economy, business models play a crucial role in enabling the shift from linear to circular processes. Various business models have been identified that support circularity, including product-as-a-service, sharing platforms, and product life extension models, among others. These models aim to optimize resource utilization, reduce waste, and create value for businesses and customers alike, while contributing to

656-419: A circular economy, namely in skills in circular design and production, new business models, skills in building cascades and reverse cycles, and cross-cycle/cross-sector collaboration. This is supported by a case study from the automotive industry , highlighting the importance of integrating a circular model holistically within the entire value chain of a company, taking into account the interdependencies between

738-512: A cornerstone to enabling a circular economy and enhancing the sustainability of energy infrastructure. One example of a circular economy model is the implementation of renting models in traditional ownership areas (e.g., electronics, clothes, furniture, transportation). By renting the same product to several clients, manufacturers can increase revenues per unit, thus decreasing the need to produce more to increase revenues. Recycling initiatives are often described as circular economy and are likely to be

820-501: A finite lifespan, which end up in landfills or in incinerators . The circular approach, by contrast, takes insights from living systems. It considers that our systems should work like organisms, processing nutrients that can be fed back into the cycle—whether biological or technical—hence the "closed loop" or "regenerative" terms usually associated with it. The generic circular economy label can be applied to or claimed by several different schools of thought, but all of them gravitate around

902-577: A future where waste no longer exists, where material loops are closed, and products are recycled indefinitely is, in any practical sense, impossible. They point out that a lack of inclusion of indigenous discourses from the Global South means that the conversation is less eco-centric than it depicts itself. There is a lack of clarity as to whether the circular economy is more sustainable than the linear economy and what its social benefits might be, in particular, due to diffuse contours. Other issues include

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984-580: A report was released entitled Towards the Circular Economy: Economic and Business Rationale for an Accelerated Transition . The report, commissioned by the Ellen MacArthur Foundation and developed by McKinsey & Company , was the first volume of its kind to consider the economic and business opportunity for the transition to a restorative, circular model. Using product case studies and economy-wide analysis,

1066-490: A set of steps, or levels of circularity, typically using English verbs or nouns starting with the letter "r". The first such model, known as the "Three R principle", was "Reduce, Reuse, Recycle", which can be traced back as early as the 1970s. According to Breteler (2022), the 'most comprehensive and extensive' of four compared models was the "10R principle", developed by sustainable entrepreneurship professor and former Dutch Environment Minister Jacqueline Cramer . In 2013,

1148-407: A shift from fossil fuels to the use of renewable energy , and emphasize the role of diversity as a characteristic of resilient and sustainable systems. The circular economy includes a discussion of the role of money and finance as part of the wider debate, and some of its pioneers have called for a revamp of economic performance measurement tools. One study points out how modularization could become

1230-478: Is a coherent model that has value as part of a response to the end of the era of cheap oil and materials and, moreover, contributes to the transition to a low-carbon economy . In line with this, a circular economy can contribute to meeting the COP 21 Paris Agreement . The emissions reduction commitments made by 195 countries at the COP 21 Paris Agreement are not sufficient to limit global warming to 1.5 °C. To reach

1312-436: Is a framework of three principles, driven by design: eliminating waste and pollution, keeping products and materials in use, and regenerating natural systems. It is based increasingly on renewable energy and materials, and it is accelerated by digital innovation. It is a resilient, distributed, diverse, and inclusive economic model. The circular economy is an economic concept often linked to sustainable development , provision of

1394-410: Is a model of resource production and consumption in any economy that involves sharing , leasing, reusing , repairing, refurbishing, and recycling existing materials and products for as long as possible. The concept aims to tackle global challenges such as climate change , biodiversity loss , waste , and pollution by emphasizing the design-based implementation of the three base principles of

1476-551: Is a signatory to an International Framework Agreement on fair labour standards with the Building and Wood Workers' International (BWI), a global union federation , and its European Works Council (EWC). BESIX's commitment to international trade union associations follows regular criticism of construction companies and the working conditions of migrant workers in the Middle East. The agreements signed with BWI are based on

1558-421: Is a strategy where waste from one industry becomes an input for another, creating a network of resource exchange and reducing waste, pollution, and resource consumption. Similarly, circular cities aim to integrate circular principles into urban planning and development, foster local resource loops, and promote sustainable lifestyles among their citizens. Less than 10% of economic activity worldwide in 2022 and 2023

1640-427: Is an economic system that targets zero waste and pollution throughout materials lifecycles, from environment extraction to industrial transformation, and final consumers, applying to all involved ecosystems. Upon its lifetime end, materials return to either an industrial process or, in the case of a treated organic residual, safely back to the environment as in a natural regenerating cycle. It operates by creating value at

1722-533: Is circular. Every year, the global population uses approximately 100 billion tonnes of materials, with more than 90% of them being wasted. The circular economy seeks to address this by eliminating waste entirely. The concept of a circular economy cannot be traced back to one single date or author, rather to different schools of thought. The concept of a circular economy can be linked to various schools of thought, including industrial ecology , biomimicry , and cradle-to-cradle design principles. Industrial ecology

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1804-954: Is expected to facilitate the transition to a circular economy that will reduce GHG emissions by 25 percent, according to the published statement. Product designs that optimize durability, ease of maintenance and repair, upgradability, re-manufacturability, separability, disassembly, and reassembly are considered key elements for the transition toward circularity of products. Standardization can facilitate related "innovative, sustainable and competitive advantages for European businesses and consumers". Design for standardization and compatibility would make "product parts and interfaces suitable for other products and aims at multi-functionality and modularity". A "Product Family Approach" has been proposed to establish "commonality, compatibility, standardization, or modularization among different products or product lines". It has been argued that emerging technologies should be designed with circular economy principles from

1886-517: Is often summarized as "take, make, waste." By contrast, a circular economy aims to transition from a 'take-make-waste' approach to a more restorative and regenerative system. It employs reuse , sharing , repair, refurbishment, remanufacturing and recycling to create a closed-loop system, reducing the use of resource inputs and the creation of waste , pollution, and carbon emissions. The circular economy aims to keep products, materials, equipment, and infrastructure in use for longer, thus improving

1968-411: Is the irrevocable loss of raw materials due to their increase in entropy in the linear business model. Starting with the production of waste in manufacturing, the entropy increases further by mixing and diluting materials in their manufacturing assembly, followed by corrosion and wear and tear during the usage period. At the end of the life cycle, there is an exponential increase in disorder arising from

2050-498: Is the study of material and energy flows through industrial systems, which forms the basis of the circular economy. Biomimicry involves emulating nature's time-tested patterns and strategies in designing human systems. Cradle-to-cradle design is a holistic approach to designing products and systems that considers their entire life cycle, from raw material extraction to end-of-life disposal, and seeks to minimize waste and maximize resource efficiency. These interrelated concepts contribute to

2132-765: The Belgium National football team , the Red Devils. BESIX also supports the Belgium women's national football team , the Red Flames, and the national youth teams. The BESIX Foundation operates in the sectors of the environment ( renewable energies , waste treatment), education ( literacy , vocational training) and construction (access to housing, sustainable construction). Created in 2009, it supports existing non-profit organizations , either through project financing or through skills provision. BESIX Group

2214-756: The Carpe Diem tower in the Parisian district of La Défense ). In Africa, BESIX has begun building one of Africa's tallest towers, the Mohammed VI Tower, which will also be one of the first high-rise buildings in Africa to achieve dual LEED Gold and HQE certification. BESIX has an internal engineering department which undertakes the design work and technical studies for its construction sites, especially for skyscrapers , marine infrastructures and civil engineering works. In 2020, BESIX Engineering

2296-500: The European Commission , "The Potential for Substituting Manpower for Energy," Walter Stahel and Genevieve Reday sketched the vision of an economy in loops (or a circular economy) and its impact on job creation , economic competitiveness , resource savings and waste prevention . The report was published in 1982 as the book Jobs for Tomorrow: The Potential for Substituting Manpower for Energy . In 1982, Walter Stahel

2378-793: The Giza pyramids plateau. In 2021 and 2022, it was announced that BESIX had been chosen to build the Guggenheim Museum in Abu Dhabi , the Triangle Tower , Paris' third highest tower, and the Kangaroo Point Green Bridge in Brisbane, one of the world's longest span cable stay pedestrian bridges. In 2020, BESIX had a turnover of 3.8 billion dollars and 12,000 employees worldwide. BESIX participates in

2460-516: The Sustainable Development Goals (Global Development Goals), and an extension of a green economy. Other definitions and precise thresholds that separate linear from circular activity have also been developed in the economic literature. In a linear economy , natural resources are turned into products that are ultimately destined to become waste because of the way they have been designed and manufactured. This process

2542-426: The 1.5 °C ambition, it is estimated that additional emissions reductions of 15 billion tonnes of CO 2 per year need to be achieved by 2030. Circle Economy and Ecofys estimated that circular economy strategies may deliver emissions reductions that could bridge the gap by half. Linear "take, make, dispose" industrial processes , and the lifestyles dependent on them, use up finite reserves to create products with

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2624-701: The BIM Award of the Year. In 2018, BESIX and Proximus , the leader in Belgium's ICT and Telecommunications sectors, set up a partnership to jointly develop a new generation of Smart Buildings , with priority to solutions promoting energy efficiency , comfort and safety. In 2019, the companies inaugurated their very first smart building in Dordrecht, in the Netherlands. BESIX has developed initiatives in

2706-513: The Benelux region, BESIX has built energy-neutral infrastructure. These include sewage treatment plants as well as infrastructures. In Belgium, BESIX's subsidiary Jacques Delens has notably built the first passive office building in Brussels, has won the be.circular award in 2018 and 2019, an award which promotes circular economy in the Belgian construction sector, and has participated to

2788-506: The CE currently faces, strategic management for details of the circular economy and different outcomes such as potential re-use applications and waste management. The circular economy includes products, infrastructure, equipment, services and buildings and applies to every industry sector. It includes 'technical' resources (metals, minerals, fossil resources) and 'biological' resources (food, fibres, timber, etc.). Most schools of thought advocate

2870-588: The Environment , Pearce and Turner explain the shift from the traditional linear or open-ended economic system to the circular economic system (Pearce and Turner, 1990). They describe an economic system where waste at extraction, production, and consumption stages is turned into inputs. In the early 2000s, China integrated the notion into its industrial and environmental policies to make them resource-oriented, production-oriented, waste-oriented, use-oriented, and life cycle-oriented. The Ellen MacArthur Foundation

2952-701: The Middle East, has been awarded the Corporate Social Responsibility label of the Dubai Chamber of Commerce and Industry . The label is the highest recognition of Corporate Social Responsibility in the United Arab Emirates. The group is a member of the United Nations Global Compact programme. Circular economy A circular economy (also referred to as circularity or CE )

3034-662: The Product-Life Institute in Geneva . In the UK, Steve D. Parker researched waste as a resource in the UK agricultural sector in 1982, developing novel closed-loop production systems. These systems mimicked and worked with the biological ecosystems they exploited. Circular economy often refers to quantities of recycled materials or reduced waste, however Cradle to Cradle Design focuses on quality of products including safety for humans and environmental health. Popularized by

3116-455: The banks – each weighing 40 tons. It has taken over the areas of Dubai like Al Satwa , Downtown, Zabeel , Oud Metha , Karama and Bur Dubai into one huge island which has become completely water locked. The project also includes three pedestrian crossings in addition to footpaths on all three new bridges and four marina stations for public transport. As of July 2014, the earthworks for the project near Sheikh Zayed Road had commenced. It

3198-527: The book Cradle to Cradle: Remaking The Way We Make Things , Cradle to Cradle Design has been widely implemented by architect William McDonough , who was introduced as the "father of the circular economy" while receiving the 2017 Fortune Award for Circular Economy Leadership in Davos during the World Economic Forum . In the 2010s, several models of a circular economy were developed that employed

3280-470: The canal for Sheikh Zayed Road , Al Wasl Road and Jumeirah Road . The Sheikh Zayed road bridge has eight lanes in each direction and three lanes in each direction on Al Wasl Road and Jumeirah Road. The crossings are 8.5 meters above the water to allow boats to pass underneath.Dubai Water Canal was built by dredging the canal bed up to six metres and removing more than 3.2 million cubic metres of soil. Around 15,000 concrete blocks were used to build and fortify

3362-520: The circular economy and its practical applications to economic systems has evolved, incorporating different features and contributions from a variety of concepts sharing the idea of closed loops. Some of the relevant theoretical influences are cradle to cradle , laws of ecology (e.g., Barry Commoner § The Closing Circle ), looped and performance economy ( Walter R. Stahel ), regenerative design , industrial ecology , biomimicry and blue economy (see section "Related concepts"). The circular economy

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3444-440: The circular economy are that it could enable economic growth that does not add to the burden on natural resource extraction but decouples resource uses from the development of economic welfare for a growing population, reduces foreign dependence on critical materials, lowers CO 2 emissions, reduces waste production, and introduces new modes of production and consumption able to create further value. Corporate arguments in favour of

3526-417: The circular economy are that it could secure the supply of raw materials, reduce the price volatility of inputs and control costs, reduce spills and waste, extend the life cycle of products, serve new segments of customers, and generate long-term shareholder value. A key idea behind the circular business models is to create loops throughout to recapture value that would otherwise be lost. Of particular concern

3608-455: The circular economy in different regions worldwide, by following the framework developed by Scott R. In the article, different worldwide environment-friendly institutions were selected, and two types of manufacturing processes were chosen for the analysis (1) a product-oriented, and (2) a waste management. Specifically, in the U.S., the product-oriented company case in the study was Dell , a US manufacturing company for computer technology, which

3690-475: The circular economy may overstate the potential benefits of the circular economy. These critiques put forward the idea that the circular economy has too many definitions to be delimited, making it an umbrella concept that, although exciting and appealing, is hard to understand and assess. Critiques mean that the literature ignores much-established knowledge. In particular, it neglects the thermodynamic principle that one can neither create nor destroy matter. Therefore,

3772-527: The circular economy. For example, in China , CE is promoted as a top-down national political objective, meanwhile in other areas, such as the European Union, Japan, and the USA, it is a tool to design bottom-up environmental and waste management policies. The ultimate goal of promoting CE is the decoupling of environmental pressure from economic growth. A comprehensive definition could be: "Circular economy

3854-416: The circular economy. In addition, it is important to underline the innovation aspect at the heart of sustained development based on circular economy components. The circular economy can have a broad scope. Researchers have focused on different areas such as industrial applications with both product-oriented and natural resources and services, practices and policies to better understand the limitations that

3936-636: The construction of the first neighborhood in the world to be officially certified BREEAM Outstanding. In Cameroon, BESIX participates to the construction of the Nachtigal Hydropower Project, which will produce up to one-third of the country's electricity. BESIX participated in the construction of the first high-rise building in the world to obtain both LEED Platinum certification ( Leadership in Energy and Environmental Design ) and High Environmental Quality ( HQE ) certification, for

4018-521: The construction, management and maintenance of waste-to-energy and waste recycling projects, as well as wastewater treatment plants, water reuse facilities and drinking water treatment plant. These include one of the largest drinkable water treatment plant in West Africa, in La Mé ( Ivory Coast ). In Dubai, the group is notably building the world's largest thermal waste recycling plants. In

4100-617: The consumption of raw materials, open up new market prospects, and, principally, increase the sustainability of consumption . At a government level, a circular economy is viewed as a method of combating global warming , as well as a facilitator of long-term growth. CE may geographically connect actors and resources to stop material loops at the regional level. In its core principle, the European Parliament defines CE as "a model of production and consumption that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products as long as possible. In this way,

4182-408: The development and implementation of the circular economy. General systems theory, founded by the biologist Ludwig von Bertalanffy , considers growth and energy for open and closed state systems. This theory was then applied to other areas, such as, in the case of the circular economy, economics. Economist Kenneth E. Boulding , in his paper "The Economics of the Coming Spaceship Earth," argued that

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4264-462: The field of Open Innovation . These comprise the Clean Air project, developed by BESIX employees, that has made it possible to create plant walls for tunnels and roads for treating CO 2 . In Dubai, other BESIX employees have developed 3D concrete printing solutions: in 2020, they have printed the world's largest 3DCP façade. In the sports area, BESIX has since 2017 been an official sponsor of

4346-409: The field such as Walter R Stahel , Bill Rees and Robert Constanza . At the time still called 'preventive environmental management', his follow-on book Material Concerns: Pollution, Profit and Quality of Life synthesized these findings into a manifesto for change, moving industrial production away from an extractive linear system towards a more circular economy. In their 1976 research report to

4428-454: The foundation for the principles of the circular economy by describing how increasing labour may reduce energy intensive activities. Simple economic models have ignored the economy-environment interrelationships. Allan Kneese in " The Economics of Natural Resources " indicates how resources are not endlessly renewable, and mentions the term circular economy for the first time explicitly in 1988. In their book Economics of Natural Resources and

4510-432: The increasing risks of cascading failures which are a feature of highly interdependent systems , and have potential harm to the general public. When implemented in bad faith , touted "Circular Economy" activities can often be little more than reputation and impression management for public relations purposes by large corporations and other vested interests; constituting a new form of greenwashing . It may thus not be

4592-443: The initial focus of the academic, industry, and policy activities was mainly focused on the development of re-X (recycling, remanufacturing, reuse, etc.) technology, it soon became clear that the technological capabilities increasingly exceed their implementation. To leverage this technology for the transition toward a circular economy, various stakeholders have to work together. This shifted attention towards business-model innovation as

4674-460: The issue of environmental resources. The circular economy aims to transform our economy into one that is regenerative. An economy that innovates to reduce waste and the ecological and environmental impact of industries prior to happening, rather than waiting to address the consequences of these issues. This is done by designing new processes and solutions for the optimization of resources, decoupling reliance on finite resources. The circular economy

4756-420: The life cycle of products is extended." Global implementation of circular economy can reduce global emissions by 22.8 billion tons, 39% of global emissions in the year 2019. By implementing circular economy strategies in five sectors alone: cement , aluminum , steel , plastics , and food 9.3 billion metric tons of CO 2 equivalent (equal to all current emissions from transportation), can be reduced. In

4838-494: The macro, meso, and micro levels and exploiting to the fullest the sustainability nested concept. Used energy sources are clean and renewable. Resource use and consumption are efficient. Government agencies and responsible consumers play an active role in ensuring the correct system long-term operation." More generally, circular development is a model of economic, social, and environmental production and consumption that aims to build an autonomous and sustainable society in tune with

4920-462: The mixing of materials in landfills. As a result of this directionality of the entropy law, the world's resources are effectively "lost forever". Circular development is directly linked to the circular economy and aims to build a sustainable society based on recyclable and renewable resources, to protect society from waste, and to be able to form a model that no longer considering resources as infinite. This new model of economic development focuses on

5002-502: The model. The main three principles required for the transformation to a circular economy are: designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. CE is defined in contradistinction to the traditional linear economy. The idea and concepts of a circular economy have been studied extensively in academia, business, and government over the past ten years. It has been gaining popularity because it can help to minimize carbon emissions and

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5084-732: The most widespread models. According to a report of the organization "Circle economy" global implementation of circular economy can reduce global emissions by 22.8 billion tons, 39% of global emissions in the year 2019. By 2050, 9.3 billion metric tons ofCO 2 equivalent, or almost half of the global greenhouse gas emissions from the production of goods, might be reduced by implementing circular economy strategies in only five significant industries: cement, aluminum, steel, plastics, and food. That would equal to eliminating all current emissions caused by transportation. As early as 1966, Kenneth Boulding raised awareness of an "open economy" with unlimited input resources and output sinks, in contrast with

5166-488: The notion benefited from three major events: the explosion of raw material prices between 2000 and 2010, the Chinese control of rare earth materials, and the 2008 economic crisis. Today, the climate emergency and environmental challenges induce companies and individuals in rethink their production and consumption patterns. The circular economy is framed as one of the answers to these challenges. Key macro-arguments in favour of

5248-469: The overall goals of the circular economy. Businesses can also make the transition to the circular economy, where holistic adaptations in firms' business models are needed. The implementation of circular economy principles often requires new visions and strategies and a fundamental redesign of product concepts, service offerings, and channels towards long-life solutions, resulting in the so-called 'circular business models'. There are many definitions of

5330-405: The overall product/service provision system assessed based on the life-cycle assessment approach". One study suggests that "a mandatory certification scheme for recyclers of electronic waste, in or out of Europe, would help to incentivize high-quality treatment processes and efficient material recovery". Digitalization may enable more efficient corporate processes and minimize waste. While

5412-446: The panacea many had hoped for. Intuitively, the circular economy would appear to be more sustainable than the current linear economic system. Reducing the resources used and the waste and leakage created conserves resources and helps to reduce environmental pollution. However, it is argued by some that these assumptions are simplistic and that they disregard the complexity of existing systems and their potential trade-offs. For example,

5494-607: The product, process, and system level. Another report by WRAP and the Green Alliance (called "Employment and the circular economy: job creation in a more resource efficient Britain"), done in 2015 has examined different public policy scenarios to 2030. It estimates that, with no policy change, 200,000 new jobs will be created, reducing unemployment by 54,000. A more aggressive policy scenario could create 500,000 new jobs and permanently reduce unemployment by 102,000. The International Labour Organization predicts that implementing

5576-434: The production of goods and services, taking into account environmental and social costs. Circular development, therefore, supports the circular economy to create new societies in line with new waste management and sustainability objectives that meet the needs of citizens. It is about enabling economies and societies, in general, to become more sustainable. However, critiques of the circular economy suggest that proponents of

5658-562: The productivity of these resources. Waste materials and energy should become input for other processes through waste valorization : either as a component for another industrial process or as regenerative resources for nature (e.g., compost). The Ellen MacArthur Foundation (EMF) defines the circular economy as an industrial economy that is restorative or regenerative by value and design. Circular economy strategies can be applied at various scales, from individual products and services to entire industries and cities. For example, industrial symbiosis

5740-531: The report details the potential for significant benefits across the EU. It argues that a subset of the EU manufacturing sector could realize net materials cost savings worth up to $ 630 billion annually towards 2025—stimulating economic activity in the areas of product development, remanufacturing and refurbishment. Towards the Circular Economy also identified the key building blocks in making the transition to

5822-597: The respect of international standards and the conventions of the International Labour Organization (ILO). Going beyond the ILO rules, BESIX has implemented various initiatives for the benefit of migrant workers, for example in terms of health coverage or quality of housing. BESIX also organizes training courses for them in IT. On a number of occasions since 2013, Six Construct, BESIX's subsidiary in

5904-428: The same basic principles. One prominent thinker on the topic is Walter R. Stahel , an architect, economist, and founding father of industrial sustainability. Credited with having coined the expression "Cradle to Cradle" (in contrast with "Cradle to Grave," illustrating our "Resource to Waste" way of functioning), in the late 1970s, Stahel worked on developing a "closed loop" approach to production processes, co-founding

5986-414: The social dimension of sustainability seems to be only marginally addressed in many publications on the circular economy. Some cases that might require different or additional strategies, like purchasing new, more energy-efficient equipment. By reviewing the literature, a team of researchers from Cambridge and TU Delft showed that there are at least eight different relationship types between sustainability and

6068-401: The start, including solar panels . For sustainability and health, the circularity process designs may be of crucial importance. Large amounts of electronic waste are already recycled but far from where they were consumed, with often low efficiency, and with substantial negative effects on human health and the foreign environment . Recycling should therefore "reduce environmental impacts of

6150-399: The working life of products, to make goods last longer, to reuse existing goods, and ultimately to prevent waste. This model emphasizes the importance of selling services rather than products, an idea referred to as the "functional service economy" and sometimes put under the wider notion of "performance economy." This model also advocates "more localization of economic activity". Promoting

6232-541: Was awarded the first worldwide Building Information Modeling (BIM) standard (ISO 19650-2). In 2017, BESIX was the first Belgian construction company and the first general contractor in Europe to achieve maximum certification level in BIM In 2018, BESIX and its subsidiary Vanhout took awards in each category presented at the 2018 BIM Awards. In the 2017 BIM Awards, BESIX took awards in five out of six categories, also winning

6314-468: Was awarded third prize in the Mitchell Prize competition on sustainable business models with his paper, The Product-Life Factor. The first prize went to the then US Secretary of Agriculture, the second prize to Amory and Hunter Lovins, and fourth prize to Peter Senge. Considered one of the first pragmatic and credible sustainability think tanks , the main goals of Stahel's institute are to extend

6396-562: Was further modelled by British environmental economists David W. Pearce and R. Kerry Turner in 1989. In Economics of Natural Resources and the Environment , they pointed out that a traditional open-ended economy was developed with no built-in tendency to recycle, which was reflected by treating the environment as a waste reservoir. In the early 1990s, Tim Jackson began to create the scientific basis for this new approach to industrial production in his edited collection Clean Production Strategies , including chapters from preeminent writers in

6478-508: Was instrumental in the diffusion of the concept in Europe and the Americas. In 2010, the concept of circular economy started to become popular internationally after the publication of several reports. The European Union introduced its vision of the circular economy in 2014, with a New Circular Economy Action Plan launched in 2020 that "shows the way to a climate-neutral, competitive economy of empowered consumers". The original diffusion of

6560-458: Was the first company to offer free recycling to customers and to launch to the market a computer made from recycling materials from a verified third-party source. Moreover, the waste management case that includes many stages such as collection, disposal, recycling in the study was Republic Services , the second-largest waste management company in the US. The approach to defining the drivers and barriers

6642-544: Was to first identify indicators for their cases in study and then to categorize these indicators into drivers when the indicator was in favor of the circular economy model or a barrier when it was not. On 2 March 2022 in Nairobi, representatives of 175 countries pledged to create a legally binding agreement to end plastic pollution by the end of the year 2024. The agreement should address the full lifecycle of plastic and propose alternatives including reusability . The agreement

6724-450: Was unveiled on 2 October 2013 and inaugurated on 9 November 2016. The canal and its bridges were built between 2014 and 2016 by BESIX subsidiary Six Construct. One of the first projects launched on Dubai Water Canal is Marasi Business Bay, which broke ground in June 2017. This Dubai -related article is a stub . You can help Misplaced Pages by expanding it . Besix BESIX Group is

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