Circular business models
By addressing product life extension, reuse and the recycling of waste, circular business models can re-duce consumption and minimise waste generation. They allow products to be continuously used, reused, sold as a service, and enable the sharing of products, rather than incentivizing a one-time purchase. A commonality and driving forces are data collection, digital tools, and design.
Successful waste management utilises the potential of waste by increasing recycling and reuse of materials while limiting the amount of waste that goes to landfill. Denmark has an efficient waste management system in place and aims to have a climate-neutral waste sector by 2030.
The construction sector holds one of the greatest potentials for a circular transition. The sector represents an enormous potential for reducing waste and increasing recycling and reuse. A building can be designed for circularity if it is designed to be easily decommissioned, e.g. using principles of modularity and design-for-disassembly to enable higher reuse of the building materials.