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The report, commissioned by the Ellen MacArthur Foundation and developed by McKinsey & Company, was the first volume of its kind [77] [78] to consider the economic and business opportunity for the transition to a restorative, circular model. Using product case studies and economy-wide analysis, the report details the potential for significant ...
Resource recovery can be enabled by changes in government policy and regulation, circular economy infrastructure such as improved 'binfrastructure' to promote source separation and waste collection, reuse and recycling, [5] innovative circular business models, [6] and valuing materials and products in terms of their economic but also their social and environmental costs and benefits. [7]
An example of an organization seeking a triple bottom line would be a social enterprise run as a non-profit, but earning income by offering opportunities for handicapped people who have been labelled "unemployable", to earn a living by recycling. The organization earns a profit, which is invested back into the community.
The current recycling rate in the United States is around 32%, according to the Environmental Protection Agency. The goal of the agency is to get to at least 50% by the end of the decade.
Like the parable of the broken window, there is a net loss to the poor and possibly the whole of a society to make recycling artificially profitable, e.g. through the law. However, in Brazil and Argentina, waste pickers/informal recyclers work alongside the authorities, in fully or semi-funded cooperatives, allowing informal recycling to be ...
Waste valorization, beneficial reuse, beneficial use, value recovery or waste reclamation [1] is the process of waste products or residues from an economic process being valorized (given economic value), by reuse or recycling in order to create economically useful materials.
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