Circular Economy & Sustainable Development

Introduction

Natural resources are neither inexhaustible nor do they belong solely to today’s generations. The current linear economic system is responsible for the overconsumption of natural resources to such an extent that it exceeds the planet’s capacity to replenish them. This is why sustainable systems are constantly being sought through the circular economy. This training course focuses on the importance of the circular economy in the context of sustainable development. It highlights the knowledge and skills needed to understand, at both theoretical and practical level, how the circular economy works and the principles that govern it, and describes European and national policies on the circular economy and the green transition, as well as local policies supporting the circular economy in shaping a culture and incentives for businesses and households. It sets out the mechanisms of financial flows supporting the circular economy through European and national funding programmes, private investment and the financial system. Finally, it presents the product life cycle based on circularity as a best practice, illustrating elements of circularity at a practical level.

Overall, the aim of the course is:

  • to highlight, in theory and in practice, the role of the circular economy and its contribution to sustainable development
  • for participants to understand the differences between the linear and the circular model of production, and to highlight the role of circularity in tackling the reckless use of natural resources and in protecting the ecosystem, nature and biodiversity
  • to relate circularity to sustainable development and Corporate Social Responsibility
  • to highlight the role of local policies supporting the circular economy in shaping culture and incentives for businesses and households.