Circular Economy: Effective Resource Management and Environmental Protection

INTRODUCTION
Circular economy is developed by the different government organization’s in context to
the effective management and protection of economy. The main objective behind this concept is
saving of resources and environment protection. Basically business organizations use raw
material from natural resources and convert it into usable products for the customers, but earlier
this process was conducted in the linear form of economy. Under which organization just use
raw material then produce specific products sale it to the consumer and then waste of that
disposed by the customers in the form of garbage. Due to this process environment is facing
huge problem suggest the overuse of resources, pollution of the environment. Because natural
resources or not present in immense amount due to which future population will face huge
resources deficiency problem. In Another hand waste of plastic and other non-biodegradable
waste are contributing to the higher environmental pollution. So that for preventing this harmful
effect of business organizations, government developed the plan and model circular economy.
Which involves free major step make, use and recycle. In this report brief analysis and study e of
circular economy is going to be done, along with the study different theories from which this
model is emerged. England as one of the city which is performing under the commonwealth
county, in context to which analysis of the circular economy barriers and opportunity factors are
going to be evaluate. Then effective analysis of local and international and government
companies is going to be done in context to the recommendation that what these company can do
to support the development of circular economy within selected City. Done a final report for the
local government commonwealth minister meeting all going to be developed in context to the
recommendation for action.
Analysis and discussion of the circular economy and relation to the theories from which it
emerged
Definition- circular economy is the effective economy management approach, which
involves best and more efficient framework or structure of economic system management. Main
objective of this model eliminating continuous use of resources and waste, by the
implementation of circular production and conception structure which involves the recycling of
renewable waste material and help to save the resources and environment from pollution.