WEBVTT 00:00:00.757 --> 00:00:04.710 Living systems have been around for a few billion years 00:00:04.710 --> 00:00:06.854 and will be around for many more. 00:00:07.583 --> 00:00:10.639 In the living world, there's no landfill. 00:00:10.668 --> 00:00:12.708 Instead, materials flow. 00:00:13.218 --> 00:00:15.697 One species waste is another's food. 00:00:15.772 --> 00:00:17.947 Energy is provided by the Sun. 00:00:18.023 --> 00:00:19.173 Things grow, then die. 00:00:19.832 --> 00:00:23.247 And nutrients return to the soil safely. 00:00:23.967 --> 00:00:25.576 And it works. 00:00:26.411 --> 00:00:27.939 Yet as humans, 00:00:27.939 --> 00:00:29.681 we've adopted a linear approach. 00:00:29.681 --> 00:00:32.356 We take, we make, and we dispose. 00:00:33.364 --> 00:00:36.464 A new phone comes out so we ditch the old one. 00:00:37.755 --> 00:00:40.236 Our washing machine packs up so we buy another. 00:00:40.871 --> 00:00:45.916 Each time we do this, we're eating into a finite supply of resources 00:00:46.399 --> 00:00:49.098 and often producing toxic waste. 00:00:49.410 --> 00:00:51.655 It simply can't work long-term. 00:00:52.182 --> 00:00:54.065 So what can - 00:00:55.918 --> 00:00:58.838 if we accept that the living world's cyclical model works - 00:00:59.122 --> 00:01:01.930 can we change our way of thinking 00:01:01.930 --> 00:01:05.797 so that we too operate a circular economy? 00:01:06.223 --> 00:01:08.892 Let's start with the biological cycle. 00:01:09.339 --> 00:01:13.524 How can our waste build capital rather than reduce it? 00:01:14.110 --> 00:01:17.702 By rethinking and redesigning products and components 00:01:17.702 --> 00:01:19.514 and the packaging they come in, 00:01:19.766 --> 00:01:22.784 we can create safe and compostable materials 00:01:23.138 --> 00:01:25.700 that help grow more stuff. 00:01:25.929 --> 00:01:28.121 As they say in the movies, 00:01:28.348 --> 00:01:31.443 "No resources have been lost in the making of this material." 00:01:31.782 --> 00:01:36.395 So what about the washing machines, mobile phones, fridges? 00:01:36.581 --> 00:01:38.999 We know they don't biodegrade. 00:01:39.246 --> 00:01:42.637 Here we're talking about another sort of rethink: 00:01:42.890 --> 00:01:45.400 a way to cycle valuable metals, 00:01:45.650 --> 00:01:46.968 polymers and alloys 00:01:47.256 --> 00:01:49.231 so they maintain their quality 00:01:49.466 --> 00:01:50.830 and continue to be useful 00:01:51.079 --> 00:01:53.424 beyond the shelf life of individual products. 00:01:53.700 --> 00:01:59.221 What if the goods of today became the resources of tomorrow? 00:01:59.386 --> 00:02:00.903 It makes commercial sense. 00:02:01.109 --> 00:02:05.341 Instead of the throw away and replace culture we become used to, 00:02:05.558 --> 00:02:08.331 we'd adopt a return and renew one 00:02:08.665 --> 00:02:12.977 where products and components are designed to be disassembled and regenerated. 00:02:13.230 --> 00:02:18.502 One solution may be to rethink the way we view ownership. 00:02:18.734 --> 00:02:22.135 What if we never actually owned our technologies? 00:02:22.418 --> 00:02:25.309 We simply license them from the manufacturers. 00:02:25.569 --> 00:02:29.570 Now let's put these two cycles together. 00:02:29.846 --> 00:02:33.592 Imagine if we could design products to come back to their makers, 00:02:33.893 --> 00:02:36.649 their technical materials being reused, 00:02:36.649 --> 00:02:40.769 and their biological parts increasing agricultural value. 00:02:40.769 --> 00:02:44.567 And imagine that these products are made and transported 00:02:44.567 --> 00:02:47.044 using renewable energy. 00:02:47.044 --> 00:02:50.730 Here we have a model that builds prosperity long-term. 00:02:50.984 --> 00:02:54.878 And the good news is there are already companies out there 00:02:54.878 --> 00:02:57.604 who are beginning to adopt this way of working. 00:02:57.614 --> 00:03:02.856 But the circular economy isn't about one manufacturer changing one product. 00:03:03.426 --> 00:03:07.940 It's about all the interconnecting companies that form our infrastructure 00:03:08.031 --> 00:03:11.023 and economy coming together. 00:03:11.338 --> 00:03:12.995 It's about energy. 00:03:13.281 --> 00:03:16.987 It's about rethinking the operating system itself. 00:03:17.269 --> 00:03:24.078 We have a fantastic opportunity to open new perspectives and new horizons. 00:03:24.270 --> 00:03:28.071 Instead of remaining trapped in the frustrations of the present, 00:03:28.292 --> 00:03:30.901 with creativity and innovation, 00:03:30.901 --> 00:03:35.631 we really can rethink and redesign our future. 00:03:41.141 --> 00:03:44.892 [Ellen MacArthur Foundation Rethink the future] 00:03:44.907 --> 00:03:47.325 [www.ellenmacarthurfoundation.org]