Economic Cycle Environment

Climate change is considered the prominent issue of the 21st century and has multiple impacts on ecology, economy and general coexistence. It is well known that greenhouse gas emissions caused by humans are the main reason for the significant and rapid rise in temperature. Accordingly, serious consequences are to be expected for national economies and societies if global warming cannot be regulated quickly. Without stronger measures, the costs of the impacts in Germany could total almost 800 billion euros by 2050.

In order to significantly reduce greenhouse gas emissions and halt climate change, a wide range of measures must therefore be taken. One aspect that appears to be highly interesting both ecologically and economically is the circular economy. The Circular Economy describes the approach of creating a complete cycle of products and resources, which pursues the claim of not allowing any loss of raw materials, nutrients and value. The Circular Economy should enable economic growth to be decoupled from resource consumption.

In industrialised nations, the focus is particularly on recovering and securing resources from products that are no longer needed. A central component of the Circular Economy is therefore the recycling of waste or old and/or defective devices such as solar modules. At its core, the Circular Economy is based on the principle of efficiency in order to minimise the consumption of resources for the provision of products or services. The Circular Economy can thus achieve considerable material savings across all value chains and production processes.