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What is Closing the Loop

Redefining Global Economic Thinking for the Welfare of Society
To retain the maximum value of a resource by reusing, recycling and increasing the lifetime of waste in a circular economy model.
Published in Chapter:
Sustainable Development Through the Circular Economy: Experience From Emerging Economies
Quazi Tafsirul Islam (North South University, Bangladesh), Md. Shamim Talukder (North South University, Bangladesh), and Kazi Lamia Haque (North South University, Bangladesh)
Copyright: © 2022 |Pages: 19
DOI: 10.4018/978-1-7998-8258-9.ch005
Linear economic models have led us to a point where our planet can no longer sustain itself and heal its natural resources. Thus, circular economy has provided us the opportunity to hope for increasing resource value, extending its life as a means to put waste back into the consumption chain. In emerging economies, circular economy-based business models are not as pertinent. However, in the past decade, the Sustainable Development Goals (SDGs) have provided a guideline for businesses, legislators, and academics. It has been witnessed that a few notable initiatives in the field of the circular economy have taken place in emerging economies which has led to achieving different SDGs to a certain extent. This chapter discusses the potential circular economy-based business models held in the attainment of different sustainable development goals.
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A Critical Thinking Rubric as the Basis of Assessment and Curriculum
An institutional process in which assessment data is used for improvements in teaching, courses and curriculum, findings are disseminated, assessment measures and processes are evaluated and assessment related professional development is planned and supported
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