Circular Economy - A classification
At a time when resource scarcity and environmental pollution are becoming increasingly important, the concept of circular economy is becoming the focus of sustainable development. Our economic system currently functions according to the take-make-waste principle - it is linear. Valuable resources are lost. The circular economy aims to extend the life cycle of products and materials, minimise waste and make efficient use of biological and technical resources. This is not only a sustainability issue, but also an economic necessity in order to secure the competitiveness of companies and open up new areas of business.
The circular economy and bioeconomy offer considerable potential for Freiburg as a business location. Freiburg is already a pioneer in the areas of sustainability and environmental technologies. With over 2,000 companies active in the field of green tech and a growing number of start-ups developing innovative solutions in the circular economy, the city is positioning itself as a centre for sustainable business models.