Future Cities · Sustainability, Energy, Innovation, Climate Change, Transport, Housing, Work, Circular Economy, Education & Environmental Solutions cover image

Walter Stahel - Architect, Economist, Founding Father of Circular Economy - Founder-Director, Product-Life Institute

Future Cities · Sustainability, Energy, Innovation, Climate Change, Transport, Housing, Work, Circular Economy, Education & Environmental Solutions

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The Circular Economy and Development

circular economy is maintaining values and purity of materials, functionality of objects. It's managing stocks and the growth element is a flow element. We basically when the economy grows, we think we are better off when the economy shrinks. But if you look at the wealth, at the stocks, then we are actually getting poorer through this production. And what does the circular economy mean for developing countries? And how is that modified and adapted to their economies?"

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