By Rosalinda Sanquiche, The Guardian, 14 January 2015
The term circular economy may be new to finance, but the concept is not. The circular economy has caught on in large part because of the need to eliminate waste, where the breakdown of one system leads to the creation of another.
Hazel Henderson, futurist, economist and president and founder of Ethical Markets Media, has been chronicling emerging systems of consensual decision-making, stakeholder feedback, collaborative consumption and co-operatives bypassing Wall Street for years. Finance has fed circular economies for decades through public banking, local currencies and microfinance schemes, with newer forms of funding including crowdfunding and green bonds.
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