Circular Economy Report

To introduce circular economy, I could’ve delved into natural ressources overrun dates, our concerning and growing debt in key rare earths, or any other commonplace statement, once again drowning you into a panic attack or a disillusioned sigh.

I’m not going to do this.

The circular economy is like impact investing. If we don’t do the homework, roll up our sleeves and ask ourselves what it really means, it’s set to become a distorted and overused term weaponized by corporates and investors for greenwashing and wishful thinking.

In search of drawing a comprehensive picture of new approaches to our economic systems and our way of managing natural resources, I thought that exploring a few premises and traits would be a healthy start.

Any thought exercise about the circular economy should begin by asking ourselves why this concept is back into the limelight in the first place. Industrial and technological progress have advanced at a dizzying pace, and many signals point us to the fragility that our way of extracting and using resources have ingrained deep fragilities in our systems.

As a Black Swan Event, the current health crisis has shone a very crude light on those, and it has reminded me of Nassim Nicholas Taleb’s hierarchy and theory of systems.

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