Tag: economic model
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Decarbonization
Decarbonization Decarbonization encompasses a spectrum of initiatives undertaken by various sectors, entities such as governments or organizations, with the aim of transitioning towards alternative lifestyles and production methods that reduce greenhouse gas emissions. The overarching goal is to mitigate the detrimental effects of these emissions on the climate. This endeavor necessitates a fundamental shift away…
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Circular Economy
Circular Economy The circular economy is a production and consumption model characterized by the principles of sharing, reusing, repairing, renovating, and recycling existing products and materials for an extended lifespan, thus preserving their value. In this economic model, used products are kept within a series of loops, transforming them into precious resources rather than allowing…