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Issue 7.2

Prototypologies of Circularity 

The concept of a circular economy represents a way to overcome the current linear financial system’s social, economic, and environmental challenges. It can be defined as one that is “restorative and regenerative by design and aims to keep assets, components, and materials at their highest utility and value at all times” (Ellen MacArthur Foundation 2015). The consequent closing of production and consumption loops offers not only the possibility to end the loss of valuable finite resources but also to reduce dependencies on global, volatile resource markets, prevent greenhouse gas emissions, mitigate the effects of the climate crisis, and support new business models and green workforce development. 

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