Odds are, your mobile phone is less than two years old. Today’s economy is built on a “fast turnover” principle. The faster we replace our gadgets the better – not only our phones, but most items we consume.
This leads to a staggering inefficiency in the way we manage the Earth’s resources, with increased pollution, loss of ecosystems and substantial losses of value with each product disposed. A new study from The Club of Rome, a global thinktank, highlights that moving to a circular economy by using and re-using, rather than using up, would yield multiple benefits.