circular economy
as defined in Regulation (EU) 2020/852 of the European Parliament and of the Council of 18…, Article 2, point (9) (Definitions)
an economic system whereby the value of products, materials and other resources in the economy is maintained for as long as possible, enhancing their efficient use in production and consumption, thereby reducing the environmental impact of their use, minimising waste and the release of hazardous substances at all stages of their life cycle, including through the application of the waste hierarchy