The concept of Circular Economy 4.0

 

‚Circular Economy 4.0‘ (CE 4.0) is moving the principle of Circular Economy to the next level. While the ‘Simple Circular Economy’ is focusing on closing the material loop, the CE 4.0 is promoting (in addition to the recycling of materials) to significantly extend the lifetime of products – until they are exhausted and finally recycled.

There have been many research projects investigating the technological conditions for extending the use-time of products. However, it has not yet been determined how to motivate and finally transform our society and its major economic players, companies and customers, towards         CE 4.0 from the economic point of view, while their existing business models are still based on Linear Economy to a large extend.