HS2’s vision is to be a catalyst for growth and the adoption of circular economy principles can play a key role in delivering this through stimulating new approaches, products and services, and by creating employment opportunities. This document:
- defines the circular economy
- summaries the potential benefits
- establishes three circular economy principles
- outlines the implementation approach
The circular economy is an alternative to the traditional linear economy (make, use, dispose) whereby resources are kept in use and at their highest value for as long as possible. It can therefore thrive in the long term by decoupling economic growth and development from the consumption of finite resources.