The Circular Economy 101: A quick beginners guide
Waste not. Want not.
One of the best ways we can reduce our own carbon footprint and pave the way to a more sustainable society is by rethinking what we throw out. Unfortunately, recycling only gets us so far. The good news, there is a way we can reduce our waste without sacrificing life’s luxuries. And we can do that through the circular economy.
What is the Circular Economy?
Think about the life cycle of a laptop. It’s produced, then purchased, then used and discarded – often when it still has a lot of life in it. Items destined for the landfill are part of the unsustainable linear economy.
If the laptop was recycled appropriately, some of the parts may be reused in the recycled economy. But it is still a resource-intensive process and some parts still go to waste.
The circular economy aims to be regenerative and free of waste. It gives our items a new lease of life instead of being destined for landfill.
Interest in the circular economy has increased exponentially in the past decades. The 2020s are all about perfecting and fine-tuning this economy to truly drive more sustainable living.
The benefits of a circular economy:
Less waste. If an item is reused, the raw materials and products involved to create the item are saved and less waste – time, landfill, materials and emissions – is produced because only one item instead of two needs to be created.
Less pollution goes hand in hand with less waste and more resources saved from being used which translates to less global emissions.
Lower costs for users giving an item a second lease on life is a lot cheaper than brand new. As a buyer, you can save a lot of money buying second hand. Sharing an item can also be a good cash injection and free up some space without taking a trip to the tip.
How can I take part in the Circular economy?
Easy! If you find a useable item that still works and is too good to go to waste, ask yourself: Would someone else like to use this item?
One challenge with the circular economy, it is only as good as its next user. Many great items that could potentially find new users go to landfill because they can’t find a user.
That’s where HYYRO comes in.
HYYRO can help you actively take part in the circular economy. You can save the environment and save money. HYYRO is a peer-to-peer renting platform where members will have access to rent items in exchange for money, taking the hassle of finding someone to reuse your quality items.
HYYRO is a win-win for all members. The member renting the item save on purchasing brand new and the member leasing the item makes extra income on their unused items.
So if you thought being part of the circular economy was hard, start your sustainable journey today, for HYYRO has come along!
Sign up now to get started.
