WEBVTT 00:00:00.757 --> 00:00:04.708 Living systems have been around for a few billion years 00:00:04.708 --> 00:00:06.914 and will be around for many more. 00:00:07.413 --> 00:00:10.045 In the living world, there's no landfill. 00:00:10.225 --> 00:00:12.638 Instead, materials flow. 00:00:12.838 --> 00:00:15.541 One species waste is another's food; 00:00:15.541 --> 00:00:17.732 energy is provided by the Sun; 00:00:17.732 --> 00:00:19.712 things grow, then die; 00:00:19.712 --> 00:00:22.997 and nutrients return to the soil safely. 00:00:23.787 --> 00:00:25.606 And it works. 00:00:26.081 --> 00:00:27.336 Yet as humans, 00:00:27.336 --> 00:00:29.596 we've adopted a linear approach: 00:00:29.596 --> 00:00:32.666 we take, we make, and we dispose. 00:00:33.167 --> 00:00:35.092 A new phone comes out. 00:00:35.092 --> 00:00:36.946 So we ditch the old one. 00:00:37.196 --> 00:00:39.184 Our washing machine packs up. 00:00:39.184 --> 00:00:40.701 So we buy another. 00:00:41.271 --> 00:00:45.847 Each time we do this, we're eating into a finite supply of resources 00:00:45.847 --> 00:00:48.588 and often producing toxic waste. 00:00:48.751 --> 00:00:51.555 It simply can't work long-term. 00:00:52.652 --> 00:00:54.265 So what can - 00:00:54.901 --> 00:00:59.222 if we accept that the living world's cyclical model works, 00:00:59.222 --> 00:01:01.930 can we change our way of thinking 00:01:01.930 --> 00:01:05.767 so that we too operate a circular economy? 00:01:06.296 --> 00:01:08.892 Let's start with the biological cycle. 00:01:09.339 --> 00:01:13.734 How can our waste build capital rather than reduce it? 00:01:14.062 --> 00:01:17.805 By rethinking and redesigning products and components 00:01:17.805 --> 00:01:19.776 and the packaging they come in, 00:01:19.776 --> 00:01:23.408 we can create safe and compostable materials 00:01:23.408 --> 00:01:25.540 that help grow more stuff. 00:01:26.272 --> 00:01:27.925 As they say in the movies, 00:01:27.925 --> 00:01:31.399 "No resources have been lost in the making of this material." 00:01:32.352 --> 00:01:36.125 So what about the washing machines, mobile phones, fridges? 00:01:36.431 --> 00:01:38.619 We know they don't biodegrade. 00:01:39.036 --> 00:01:42.344 Here we're talking about another sort of rethink: 00:01:42.344 --> 00:01:45.047 a way to cycle valuable metals, 00:01:45.047 --> 00:01:46.714 polymers and alloys 00:01:46.714 --> 00:01:48.538 so they maintain their quality 00:01:48.538 --> 00:01:50.065 and continue to be useful 00:01:50.065 --> 00:01:53.554 beyond the shelf life of individual products. 00:01:54.490 --> 00:01:58.681 What if the goods of today became the resources of tomorrow? 00:01:58.898 --> 00:02:00.843 It makes commercial sense. 00:02:01.419 --> 00:02:05.331 Instead of the throw-away and replace culture we become used to, 00:02:05.331 --> 00:02:08.107 we'd adopt a return and renew one 00:02:08.107 --> 00:02:13.177 where products and components are designed to be disassembled and regenerated. 00:02:13.857 --> 00:02:18.642 One solution may be to rethink the way we view ownership. 00:02:19.354 --> 00:02:22.264 What if we never actually owned our technologies? 00:02:22.264 --> 00:02:25.597 We simply license them from the manufacturers. 00:02:26.197 --> 00:02:29.490 Now, let's put these two cycles together. 00:02:29.809 --> 00:02:33.691 Imagine if we could design products to come back to their makers, 00:02:33.691 --> 00:02:36.369 their technical materials being reused, 00:02:36.369 --> 00:02:40.609 and their biological parts increasing agricultural value. 00:02:41.046 --> 00:02:44.567 And imagine that these products are made and transported 00:02:44.567 --> 00:02:46.684 using renewable energy. 00:02:46.834 --> 00:02:50.864 Here we have a model that builds prosperity long-term. 00:02:50.864 --> 00:02:52.351 And the good news is 00:02:52.351 --> 00:02:54.577 there are already companies out there 00:02:54.577 --> 00:02:57.394 who are beginning to adopt this way of working. 00:02:57.904 --> 00:03:03.116 But the circular economy isn't about one manufacturer changing one product. 00:03:03.511 --> 00:03:06.941 It's about all the interconnecting companies that form 00:03:06.941 --> 00:03:09.203 our infrastructure and economy 00:03:09.203 --> 00:03:10.643 coming together. 00:03:10.958 --> 00:03:12.545 It's about energy. 00:03:12.817 --> 00:03:16.987 It's about rethinking the operating system itself. 00:03:18.481 --> 00:03:24.048 We have a fantastic opportunity to open new perspectives and new horizons. 00:03:24.367 --> 00:03:27.947 Instead of remaining trapped in the frustrations of the present, 00:03:27.947 --> 00:03:30.700 with creativity and innovation 00:03:30.700 --> 00:03:35.721 we really can rethink and redesign our future. 00:03:41.010 --> 00:03:43.202 [Ellen MacArthur Foundation Rethink the future] 00:03:43.202 --> 00:03:45.400 [www.ellenmacarthurfoundation.org]