A circular economy could increase the efficiency of primary resource consumption in Europe and the world.
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A circular economy could increase the efficiency of primary resource consumption in Europe and the world.

A circular economy could increase the efficiency of primary resource consumption in Europe and the world.

By conserving materials embodied in high value products, or returning wastes to the economy as high‑quality secondary raw materials, a circular economy would reduce the demand for primary raw materials. This would help reduce Europe’s dependence on imports, making the procurement chains for many industrial sectors less subject to the price volatility of international commodity markets and supply uncertainty due to scarcity and/or geopolitical factors.

Source: EUROPEAN ENVIRONMENT AGENCY