The Waste Minimisation Fund is now open for applications for the 2018 contestable funding round until Monday 14 May at 12pm.
This year we are encouraging applicants to focus on initiatives that will accelerate New Zealand’s transition towards the circular economy.
The essential concept at the heart of the circular economy is to ensure we can unmake everything we make.
The products we use are often designed and manufactured with little thought for the resources consumed in making them, or what happens to them at the end of their life. Damaged or broken products usually go directly into landfill. This take-make-dispose mindset has created a linear economy.
A circular economy mindset of make-use-return is an alternative to the linear economy in which we design from the outset resources that can be kept in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life.