investopedia.com

youtube.com

ellenmacarthurfoundation.org

foolproof.co.uk

wallstreetmojo.com

weforum.org

nrdc.org

youmatter.world

sustainabilityguide.eu

circulartourism.eu

THE INVESTOPEDIA TEAM

The Sharing Economy is an economic model defined as a peer-to-peer (P2P) based activity of acquiring, providing, or sharing access to goods and services that is often facilitated by a community-based online platform. It involves short-term peer-to-peer transactions to share use of idle assets and services or to facilitate collaboration. Examples of sharing economy platforms include car sharing services, co-working platforms, peer-to-peer lending platforms, fashion platforms, and freelancing platforms. Criticisms of the sharing economy include regulatory uncertainty, lack of government oversight, and potential for racial and/or gender bias. It is expected that the sharing economy will grow from $14 billion in 2014 to a forecasted $335 billion by 2025.

Sharing Economy: Model Defined, Criticisms, and How It's Evolving

Systems Innovation

Sustainability is everywhere today and with it a growing awareness of the linear model of our existing economy. This linear economic model is captured in the popular description of the economy as a process of take, make, and dispose. To combat this, the emphasis is now shifting from an economic model that is organized around gross throughput of material and energy to a new kind of circular economy which shifts the focus to the internal organization of processes. The challenge of achieving a sustainable form of development is shifting the emphasis from discrete one-off products to looking increasingly at how they can evolve through their full lifecycle. This requires systems thinking and rethinking the operating system itself."

Circular Economy Explained

ELLEN MACARTHUR FOUNDATION 

This learning path explores the nuances of the concept of a circular economy, including the difference between biological and technical materials, the different opportunities that exist to keep products and materials in use, and the history of the idea. It is based on three principles: design out waste and pollution, keep products and materials in use, and regenerate natural systems. The potential benefits of shifting to a circular economy extend beyond the economy and into the natural environment. It is estimated that a circular economy could increase the disposable income of the average European household and reduce carbon dioxide emissions by 2030. Understanding this shift in mindset lays the groundwork to many of the practicalities of shifting our economy from linear to circular.


        The Circular Economy In Detail
      

Yibo Zhou

This website is about Foolproof, a company that provides design, technology and business services. It contains information about their work, services, thoughts on design, technology and business, and people working at Foolproof. It also has a cookies policy and an accessibility section. The website also provides links to related articles about the role of UX in challenging planned obsolescence and design thinking.

What is circular design?

World Economic Forum

The sharing economy is an alternative form of employment that has become mainstream in recent years. It is based on economic efficiency, allowing people to unlock the value of underutilized assets. Technology has enabled us to make assets liquid through networks and marketplaces. Regulation is being put in place to protect the interests of local populations without stifling innovation. The concept of sharing economy is not new, but it is moving into new dimensions, allowing people to express their identity and status without physical consumption.

What’s Next for the Sharing Economy?

Economic rent refers to the amount paid to the owner of a factor of production over the cost that is necessarily incurred on utilizing such elements in the production process. Economic rent can arise when a certain set of producers in the market have access to some important financial information that others are not having, or they are technologically more advanced than the other producers in the market. It is calculated by deducting the free market price from the agreed price of the factor of production. Economic rent can be seen in salaries, facilities, and other areas of the economy. It is different from profit, as it is the income earned by the owner more than what he expected to achieve or what he should reasonably make as per the market forces.

This article is about the rental economy and how it is being impacted by millennials. Millennials are increasingly choosing to rent consumer goods as opposed to buying them, due to the convenience and cost savings associated with renting. The article looks at the reasons millennials rent, their attitudes towards sustainability, and how companies are responding to the shift in buyer behavior. The data for the article comes from a survey of 500 people who have participated in the sharing economy in some way. Finally, the article examines the potential long-term impacts of the rental economy on traditional retail business models.

True Cost Economics is an economic model that seeks to include the cost of negative externalities into the pricing of goods and services. It is based on the belief that the societal cost of producing a product or rendering a service may not be accurately reflected in its price. It involves forcing companies to "internalize" the negative externalities, which will increase market prices. Consumers may be affected by the increase in prices if the environmental cost of extracting and refining the necessary elements for products are factored into their price. Governments may also impose taxes to influence consumer behavior and/or provide the means for future remediation.

This content is about the environmental impact of the fast fashion industry and how companies like Patagonia are trying to combat it. Fast fashion allows consumers to buy more clothes for cheaper, but it results in more clothes ending up in landfill. Rent the Runway is a clothing borrowing service which allows people to rent clothes for a few days at a time. Patagonia is an outdoor apparel brand that is encouraging people to buy less and mend clothes for a longer lifespan. Mohammed Patel runs a clothes recycling and processing plant in Nottingham, England and is trying to raise awareness about the environmental impact of fast fashion.

This content is about regenerative agriculture, a holistic approach to farming and ranching in harmony with nature. It encompasses broader social and cultural components, such as joy and happiness, the number of families fed, and the relationships built with community members. It includes techniques such as no-till farming, cover cropping, and rotational grazing, which help reduce overall emissions, improve soil health, and increase water retention. It also encourages investing in regenerative agriculture, composting, and agroforestry.

This content is about regenerative agriculture and its benefits. It discusses how regenerative farming techniques, such as crop rotation and reduced ploughing, can improve soil health, reduce greenhouse gas emissions, and increase crop yields. It also covers the World Economic Forum's initiatives to promote nature-based solutions and how regenerative farming is being implemented in various countries. Finally, it outlines the potential economic benefits of regenerative agriculture.

Composting is the natural process of recycling organic matter, such as leaves and food scraps, into a valuable fertilizer that can enrich soil and plants. There are two main types of backyard composting: cold (also known as passive composting) and hot (also called active composting). To ensure a faster home composting process, you will need to make sure your compost system has the right amount of air and water. Additionally, a cold composting process will most likely not reach a high enough temperature during decomposition to kill off pathogens. Composting at home allows us to divert some of that waste from landfills and turn it into something practical for our yards.

Aquaculture is the fastest growing food production sector in the world. It is a result of seafood being one of those rare types of food that is very useful to humans and at the same time easily scalable in production. Innovative technologies such as artificial intelligence and microscopic fungi are being used to solve the issue of seafood shortage. The Apollo Aquaculture Group, Siwa Tech AB, and Biosort startups are introducing new technologies to revolutionize the aquaculture industry, such as the Aqua Deck system, electronic inventory system, and iFarm project."

Biomimicry is an approach to innovation that seeks sustainable solutions to human challenges by taking inspiration from nature's time-tested patterns and strategies. Examples of biomimicry include the aerodynamics of the Japanese Bullet train being inspired by a bird's beak, climbing pads capable of supporting human weight being a mimic of the biomechanics of gecko feet, and the study of shark skin being at the origin of particularly effective swimming suits. The principles of biomimicry include taking inspiration from nature's models, measures, and mentors to create products, processes, and policies that are well-adapted to life on earth over the long haul. Biomimicry is used in many sectors such as medicine, research, industry, economy, architecture and urban planning, agriculture, and management.

This content is about the Zero Waste lifestyle and the steps that can be taken to help create a sustainable environment. Step 1 is about avoiding single-use plastic products and using reusable alternatives. Step 2 is about using low waste products. Step 3 is about making compost from organic waste. Step 4 is about recycling and reusing resources.

This content is about the global waste management process and the challenges associated with it. It covers topics such as the amount of waste generated globally, the methods of waste treatment and disposal, and how citizens can contribute to reducing waste. It also focuses on Singapore's waste management system and how it has managed to reduce its waste output with the help of incinerators, recycling programs and landfills. Finally, it explores how businesses are increasingly adopting ethical practices to benefit stakeholders, society and the planet."

This guide provides information about distribution and its impact on a product or service's ecological footprint. It covers topics such as circular supply chain, sustainable distribution, optimized transport infrastructure, sustainable packaging and more. It also provides insights on sales and marketing, re-use, innovation, and after use. It is a part of Hållbarhetsguiden, EcoDesign Circle created by SVID and Stiftelsen Svensk Industridesign. It has downloadable tools and a license.

Module 9: Sustainable Packaging in Tourism Organisations is about reducing the amount of plastic packaging used in the tourism industry. It explores topics such as the importance of plastic packaging, different types of plastic packaging, how to choose the best packaging, reusable packaging, and case studies of packaging solutions. Additionally, it discusses the "No plastic – Less plastic – Better plastic" framework and how it can be used to guide innovation. Lastly, it looks at flexible packaging and the importance of life cycle assessment in achieving a circular economy.

In this step, you'll learn about the importance of making food systems more sustainable and how new technologies could create a more sustainable future. Lab-grown meat and gourmet insects are some of the new solutions being explored to feed the world and reduce carbon emissions. Additionally, new foods could be developed with added nutrients and vitamins, and vertical farming is more sustainable than traditional soil farming. Finally, the question of whether consumers will accept new foods like lab-grown meat and insects is discussed.

In this step you'll learn about business sustainability and the three levels of it. Traditional management only focuses on economic objectives and ignores social and ecological concerns. Business sustainability 1.0 recognizes social and environmental concerns, but still puts economic objectives as the main priority. Business sustainability 2.0 pursues a triple bottom line approach, which includes economic, environmental, and social goals. Business sustainability 3.0 goes beyond reducing negative effects and focuses on creating positive contributions to the world's sustainability problems."

In this step, you'll learn about Patagonia's "Don't Buy This Jacket" ad and its anti-consumerist and pro-environment message. The ad, which ran on Black Friday 2011 in the New York Times, revealed a trend within the outdoor apparel industry of cultivating a more environmentally friendly and morally grounded image. However, the paradox of ecologically conscious corporations is that more product sales means more growth for the company but also an increase in physical waste and emissions. Patagonia is attempting to navigate this paradox through its repair and reuse efforts, but it is up to the consumer to make the right choices.

- Shared economy
- Rented economy
- Circular economy
- Regenerative agriculture and sustainable farming
- Circular fashion and packaging
- Sustainable logistics 

	#	Type	Title	Creator	Platform	Duration
	1		Sharing Economy: Model Defined, Criticisms, and How It's Evolving	THE INVESTOPEDIA TEAM	investopedia.com	7m
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	2		Circular Economy Explained	Systems Innovation	youtube.com	4m
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	3		The Circular Economy In Detail	ELLEN MACARTHUR FOUNDATION	ellenmacarthurfoundation.org	10m
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	4		What is circular design?	Yibo Zhou	foolproof.co.uk	10m
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	5		What’s Next for the Sharing Economy?	World Economic Forum	youtube.com	6m
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	What you'll learn in this step: By understanding the "nudge theory", you can reshape the behaviour of your customers to make them choose the more sustainable option.
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The transition to a green economy and its challenges

Laila Linna

Economics

@lailalinna