transitioning victoria to a circular economy
Circular Economy thinking is what agribusinesses have been doing for generations. We used to call it ‘being frugal’. Now we can be part of this new movement to think about and apply these businesses efficiencies to retain value, maximise productivity, minimise greenhouse gas emissions, and reduce waste and pollution.
What is a Circular Economy?
In a circular economy, materials, energy and other resources are used productively for as long as possible to retain value, maximise productivity, minimise greenhouse gas emissions, and reduce waste and pollution.
A circular economy is different from the traditional linear ‘take, make, use, dispose’ model of production and consumption. Becoming more circular will help us to ensure that we make the best use of our resources. We can do this by encouraging repair and reuse of products, as well as improving processes throughout the lifecycle of a product – from design and manufacture, to consumption and use, right through to collection and recirculation of unwanted products.
Circular economy thinking is what agribusinesses have been doing for generations. We used to call it ‘being frugal’. Now we can be part of this new movement to think about and apply these businesses efficiencies to retain value, maximise productivity, minimise greenhouse gas emissions, and reduce waste and pollution.
Project Aims
The Victorian Government is developing a circular economy policy and action plan by 2020. The policy and action plan will identify ways to grow our economy and increase jobs by improving our resource productivity