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Karnataka is indeed working on India's first-ever circular economy policy.
The policy aims to promote sustainable practices in construction and other industries by mandating that 20% of all construction materials be sustainable.
Key Points:
Circular Economy: The policy focuses on processes like maintenance, reuse, refurbishment, remanufacturing, recycling, and composting to minimize waste.
What is a circular economy?
A circular economy is a sustainable economic system aimed at minimizing waste and making the most of resources.
Unlike the traditional linear economy, which follows a "take-make-dispose" model, a circular economy focuses on maintaining the value of products, materials, and resources in the economy for as long as possible.
Benefits:
Economic Growth: Creates new business opportunities and jobs. Reduces dependence on raw materials and lowers production costs.
Environmental Sustainability: Reduces waste, greenhouse gas emissions, and resource extraction. Enhances biodiversity and ecosystem services.
Social Advantages: Promotes healthier communities and reduces pollution-related health issues. Encourages sustainable consumption and production patterns.
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