The Regenerate – Share – Optimise – Loop – Virtualise – Exchange (ReSOLVE) framework has been developed by McKinsey Center for Business and Environment and u the Ellen McArthur Foundation.
The six actions of the framework are defined as follows by McKinsey:
- Regenerate
Shift to renewable energy and materials; reclaim, retain, and regenerate the health of ecosystems; and return recovered biological resources to the biosphere.
- Share
Maximize utilization of products through peer-to-peer sharing of privately owned products or public sharing of pools of products; reuse them throughout their technical life spans; and prolong those life spans through maintenance, repair, and design for durability.
- Optimize
Improve the performance and efficiency of products; remove waste from their supply chains; and leverage big data, automation, and remote sensing. None of these actions requires changing products or technologies.
- Loop
Keep components and materials in closed loops and prioritize the inner ones. For finite materials, this means remanufacturing products or components and (as a last resort) recycling materials. For renewable materials, it involves anaerobic digestion and the extraction of biochemicals from organic waste.
- Virtualize
Deliver utility virtually—books or music, online shopping, fleets of autonomous vehicles, and virtual offices.
- Exchange
Replace old materials with advanced renewable ones; apply new technologies, such as 3-D printing and electric engines
For more information consult
Growth within: a circular economy vision for a competitive EuropeTowards a circular economy: Business rationale for an accelerated transition