The global economy currently follows a linear model, where raw materials are mined, processed into products, consumed and thereafter become waste. Consequently, global consumption of materials such as biomass, fossil fuels, metals and minerals, is expected to double in the next forty years, while annual waste generation is projected to increase by 70% by 2050. The circular economy offers an alternative to the take-make-waste model, by maintaining the value of products, materials and resources in the economy for as long as possible and minimizing the generation of waste. There are countless small startup companies in Iceland that are working within the idea of the circular economy. Our top five picks for circular economy solution startups are the following.
Read the full article at: startupiceland.com