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b'In a traditional linear economic model, things work like this: a company produces a good, say a mobile phone or a hair-dryer, we buy it, we use it, and when we don\'t need it anymore, we throw it away. This model assumes that resources are abundant, available and cheap to dispose of, so it bases itself on a \'take-make-consume-throw away\' pattern. In sharp contrast to this a circular economy is based on sharing, reusing, repairing, refurbishing and recycling in an almost closed loop. In this alternative model, products and the materials they contain are kept within the economy for as long as possible, reducing waste to a minimum. Find out more about the new circular economy package in the podcast.

Source : \\xa9 European Union - EP'