What Is Circular Procurement (Economy)
Circular Procurement is a sustainable approach that prioritizes products and services designed to minimize waste, maximize resource efficiency, and support a closed-loop system where materials are continuously reused, repaired, refurbished, or recycled. The European Union defines Public Circu¬lar Procurement as the acquisition of works, products, or services by govern¬ment authorities that foster closed-loop resource use while minimizing environmental impacts and waste throughout the lifecycle.
Circular procurement enables the shift from a linear economy—charac-terized by resource depletion, waste accumulation, and environmental degradation—toward a circular economy, where materials are continually reused and ecosystems can regenerate. This approach decouples economic growth from finite resource consumption, reconciling development with environmental sustainability.
