Circular Economy Breakthrough: Dematerialization Unlocks Sustainable Prosperity for All
Dematerialization is the key to a circular economy, meaning using fewer materials while still providing the same or better service. This approach focuses on maximizing resource and energy usage to achieve a high welfare economy. Ways to achieve dematerialization include changing consumption habits, offering services instead of products, eco-design, extending product lifespans, intensifying usage, easy product maintenance, and using high-tech materials. However, there are limitations to dematerialization.