The European circular economy package Position of the Bio-based Industries Consortium

The concept of the circular economy is about using the planet’s resources efficiently and sustainably to prevent irreversible environmental degradation and resource depletion. The circular economy seeks to break away from the linear economy characterized by “make, use, dispose” in favour of a more circular model based on “reuse, recycle or biodegrade”. The bioeconomy is a perfect illustration of circularity in that it regenerates CO2 and uses renewable raw materials to make greener everyday products.