A circular economy is an economic system that aims to minimise waste and maximise the use of resources while regenerating our natural environment.
Currently, with our one size fits all approach, 90 per cent of materials in the global economy are either wasted, lost or remain unavailable for reuse, and the demand for materials is escalating.
Building a circular economy in the City of Onkaparinga is based on three principles, driven by design:
- Eliminate waste and pollution
- Circulate products and materials (at their highest value)
- Regenerate nature
It involves different strategies such as the sharing economy, product as a service, closed-loop production, and waste-to-resource technologies. Circularity is not only determined by products and material flows. Ecosystem regeneration and responsible resource consumption are integral components of circularity. These strategies aim to create a sustainable and resilient economy in our city that promotes resource efficiency and environmental sustainability.