Circular Business Models
Uncommon to the business models typical of a linear economy, circular business models describe how, for example, offering services, leasing components and taking back materials are profitable activities. Therefore, the models should identify, in the idea of a circular economy, the cost of those activities and the (market) value of the involved components and materials.
Circular economy: an economic system wherein components are kept at their highest value along their service life and are returned as valuable resources afterwards. It therefore relies on circular business models and careful design (after MacArthur, 2012).
Residual value: the (market) value of a building, parts of a building, or an amount of material at the end of the period of analysis or considered service life. Circular business models allow keeping the residual value at the same level as the initial one.
Renswoude et al. (2015) Circular Business Models – Part 1: An introduction to IMSA’s circular business model scan. Amsterdam: Instituut voor Milieu- en Systeemanalyse Amsterdam.
--BAMB - Buildings As Material Banks 07:55, 15 Aug 2018 (BST)
Related articles on Designing Buildings Wiki
About the wiki
Anyone is welcome to use and contribute to the wiki in different ways.
 Engaging with the wiki
- Contribute to existing articles
- Create articles
- Share articles through social media and other channels
- Contact the CIRCuIT project to let us know what you think and how we can improve
 Add your own content
To contribute to or create an article, you can follow these steps:
- Register as a user
- Read through the editorial policy and guidance on writing and contributing to articles
- See the detailed help page on tips on writing wiki articles
- Try editing a test article
- If editing an article, select 'Edit this article' underneath the article title
- If creating a new article, select 'Create an article'. In the 'Select categories' area, expand the 'Industry context' list and tag 'Circular economy' to add your article to this wiki
 Who is this wiki for?
The articles contain information on implementing circular economy approaches in construction that could be relevant to:
- Construction contractors
- Developers, owners, investors
- Manufacturers and supplier
- Universities and research
- Urban planners
 About CIRCuIT
The Circular Economy wiki is supported by the Circular Construction in Regenerative Cities (CIRCuIT) project, which is funded by the European Union's Horizon 2020 research and innovation programme. CIRCuIT is a collaborative project involving 31 ambitious partners across the entire built environment chain in Copenhagen, Hamburg, Helsinki Region and Greater London. Through a series of demonstrations, case studies, events and dissemination activities, the project will showcase how circular construction practices can be scaled and replicated across Europe to enable sustainable building in cities and the transition to a circular economy on a wider scale.