Circular Economy - The Way Forward

The circular economy is gaining prominence as a key strategy to help achieve the Paris climate goals. This research paper seeks to compile current knowledge on how the circular economy can contribute to climate change management, with an emphasis on both mitigation and adaptation. By reviewing leading literature and engaging with experts, the paper identifies points of consensus, ongoing debates, and critical knowledge gaps. Additionally, it includes a case study on the textile circular economy, aiming to inspire actions and accelerate circular economy initiatives that most effectively advance climate objectives and foster sustainable growth. The main objectives of the research study are: 1) Understanding the concept of circular economy 2) Highlighting the impact of circular economy on climate 3) To understand how circular economy model works in the textile industry.