Today’s linear ‘take, make, dispose’ economic model relies on large quantities of cheap, easily accessible materials and energy, and is a model that is reaching its physical limits. It is necessary to adopt radically more efficient means of recycling materials as well as totally new innovative business models.
A circular economy is an attractive and viable alternative that businesses have already started exploring today. It aims to decrease the environmental impact of material usage by enhancing their life cycle by circulating higher value added products and services. Adopting circular economy requires an extensive systemic change.
In circular economy focus is on practices such as maintenance, reuse and remanufacturing of equipment. Products are designed so that its materials are separable and recyclable. People and industry share products and services instead of owning them. Digitalisation boosts the development. The starting point is the optimization of value circulation, not only the prevention of waste generation.
The Circular Economy Portfolio of CLIC Innovation aims at supporting companies to get new business opportunities of providing and utilizing systemic resource efficient solutions for the recovery and circulation of the value potential of materials, products and services. The portfolio includes research programs, ecosystem and business model initiatives as well as pilot projects and large scale demonstrations. The target setting includes the following aspects:
- More sustainable valorization of side streams and waste streams
- Redesigning value chains and ecosystems in circular economy
- Extending lifetime and utilization degree of products
CLIC Innovation’s main research program within circular economy Material Value Chains, ARVI program was recently completed. ARVI focused primarily on the sustainable recycling of materials. The program brought together the industry’s most significant Finnish technology and service companies, as well as research institutes to work on joint research questions for the first time. Thanks to the program, researchers were able to study material flows from a systemic perspective, i.e. with a holistic view of the whole, and explore their significance for circular economy in Finland and abroad.
Read more about ARVI program and its’ results on http://arvifinalreport.fi