Promoting circular economy practices is significant for several reasons. It aims to minimize waste by maintaining resources in use for as long as possible through recycling, reusing, and remanufacturing. This approach reduces the consumption of finite resources and lowers environmental impacts, such as pollution and greenhouse gas emissions. Additionally, transitioning to a circular economy can create economic opportunities by fostering innovation and new business models. It also promotes sustainability and resilience, ensuring that resources are available for future generations while contributing to economic growth and job creation.