Circular Economy: Global Perspective

A circular economy is an alternative to a traditional linear economy (make, use, dispose) in which we keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at t

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Circular Economy: Global Perspective

Circular Economy: Global Perspective

Sadhan Kumar Ghosh Editor

Circular Economy: Global Perspective

123

Editor Sadhan Kumar Ghosh Department of Mechanical Engineering Jadavpur University Kolkata, India

ISBN 978-981-15-1051-9 ISBN 978-981-15-1052-6 https://doi.org/10.1007/978-981-15-1052-6

(eBook)

© Springer Nature Singapore Pte Ltd. 2020 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore

Preface

The way our societies and businesses are organized, massive changes are essential to have a transition to sustainable development. The circular economy (CE) model offers a new chance of innovation and integration among natural ecosystems, businesses reengineering, our daily lives and society and waste management. The circular model of resources should be defined in a holistic manner that is internationally accepted. The rise in consumerism and disposable products is choking our planet and exhausting it simultaneously. Actions must be taken seriously well before we reach the day where more plastics in the sea exist than fish. According to the World Economic Forum, moving toward a circular economy is the key, and a “trillion-dollar opportunity, with huge potential for innovation, job creation, resource conservation and economic growth”. Without urgent action, global waste will increase by 70% on current levels by 2050, according to the World Bank’s “What a Waste 2.0: A Global Snapshot of Solid Waste Management to 2050” report. Driven by rapid urbanization and growing populations, global annual waste generation is expected to jump to 3.4 billion tons over the next 30 years, up from 2.01 billion tons in 2016, the report finds. In 2016, t

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