Bio-economy and Circular economy
The circular economy boosts process eco-efficiency and the use of recycled carbon to cut down on the use of new fossil carbon. Bio-based carbon from agriculture, forestry, and marine environments replaces fossil carbon in the bioeconomy. These are two distinct but complementary perspectives. The circular economy is –
Model of production and consumption.
It involves-
Sharing
Leasing Reusing
Repairing
Refurbishing
Recycling existing materials and products.
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