Sustainable building: Circular economy as a key factor for cost reduction

Abstract

This article explores the role of the circular economy in achieving sustainability in the construction industry, with a focus on cost reduction. Sustainable building practices are vital for addressing environmental concerns, and the circular economy offers transformative solutions. By emphasizing reuse, recycling, and responsible resource management, the circular economy reshapes traditional construction approaches. The paper examines how adopting circular economy principles can significantly reduce costs throughout a building's life cycle. It discusses case studies and successful implementations, showcasing innovative strategies to minimize waste and optimize resource use. Topics include integrating circular economy practices in design and construction, the economic benefits of material reuse and recycling, and the long-Term financial advantages of sustainable building. The article highlights the importance of stakeholder collaboration, policy frameworks, and technological innovations in driving circular economy adoption. By demonstrating the economic benefits of sustainable building through the circular economy, this article aims to promote environmentally conscious construction practices and inspire stakeholders to embrace cost-effective and sustainable solutions for a greener future.