Žiedinė Ekonomika (ŽE)

defines a set of principles for production and consumption, radically different from the linear ‘take-make-dispose’ regime prevailing in today’s market economies. The CE goes further than calling for implementation of ‘green’, resource-effective and environment-friendly technologies in isolated links of production and consumption systems. It requires a broader and more comprehensive design of radically alternative solutions over the entire life cycle of products and adoption of closing-the-loop production and consumption patterns within the entire economic system. CE is inspired by the natural world’s rules of perpetual recycling and recovering of materials – closed loop without waste.