Back to Blogs

Benefit of circular economy for Indonesia

The implementation of a circular economy could potentially contribute Rp593 trillion - Rp642 trillion to the gross domestic product in five industrial sectors, National Development Planning Ministry and National Development Planning Agency (PPN/ Ministry Bappenas) said.

Circular economy, also known as "circularity", is an economic system aimed at eliminating waste and a continual use of resources. Circular systems employ reuse, sharing, repair, refurbishment, remanufacturing, and recycling to create a closed-loop system to minimize the use of resource