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Circular economy in Singapore

What is a "circular economy" and how does it promote sustainability?
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As a small city-state, Singapore has always been acutely aware of the need to balance economic development and environmental sustainability. Countries like the Netherlands and Finland have already adopted this approach, driven by resource scarcity, volatile resource prices, and the environmental impact from extraction and excessive use of resources. Today, the circular economy is integral to Singapore’sGreen PlanandZero Waste Masterplan

To overcome the challenges of climate change, Singapore is promoting a circular economy. This requires a seismic shift from the linear ‘take, make, waste’ mentality, to one where resources are reused for as long as possible.

Circular Economy in SingaporeImage source:亚洲循环

循环经济是线性经济的替代方法。它是一种生产和消费模型,涉及尽可能长时间的共享,租赁,重复使用,修复,翻新和回收现有材料和产品。这样,产品的生命周期就会延长。简而言之,循环经济意味着将废物降至最低。

Other than reducing waste, a circular economy delivers:

  • 经济竞争
  • better means of coping with resource security/scarcity issues
  • mitigation of environmental impacts

A circular economy approach will also provide Singapore with new economic opportunities by creating synergies across its water, energy, food and waste sectors to enhance resource efficiency.

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