Engel & Völkers Licence Partner Portimão > Blog > Smart sharing: the environmental impact of collaborative consumption

Smart sharing: the environmental impact of collaborative consumption

In the current context of increasing environmental awareness, collaborative consumption emerges as an innovative and sustainable response to global challenges. This practice not only promotes efficiency in resource utilization but also significantly contributes to waste reduction and the promotion of a more balanced lifestyle.


Collaborative consumption involves the sharing of goods, services, and spaces among individuals. It is not just a passing trend but a significant change in how resources are perceived and used. It promotes sustainability, saves money, and strengthens the community. Here are some examples:


Collaborative exchanges: It is possible to engage in conscious exchanges, such as sharing clothing and furniture with friends without the need for financial transactions. Participating in exchange groups on social networks or community gatherings can also be a way to meet new people and diversify one's home environment without additional costs.


Sharing of time and skills: They can dedicate time to caring for a friend's pet while they, at another time, assist with household chores. Alternatively, a neighbour can help with minor repairs at home while being assisted with computer lessons or foreign language classes, for example. This type of sharing not only saves money but also builds a sense of cooperation and solidarity within the community, allowing everyone to benefit from each other's skills and resources more efficiently and amicably.


Appliance exchange: This type of exchange is particularly useful for adapting goods to people's changing needs. For example, a young couple moving to a smaller apartment can exchange their large refrigerator for a more compact one with someone needing more storage space. Moreover, appliance exchanges can help avoid the purchase of new products, contributing to sustainability and reducing environmental impact.


Renting goods: Instead of buying expensive equipment that is not used frequently, such as a high-pressure washer or a camping tent, renting them through specialised platforms can be an alternative. This practice not only saves money but also reduces waste and the need for storage space. Furthermore, by renting, they can access high-quality equipment they might not afford to buy and can try out new activities without long-term financial commitment.


Collaborative gardening: They can initiate a community for exchanging plants and seeds in their condominium, where each participant contributes varieties to enrich the collective garden. Moreover, this practice can transform urban spaces into vibrant green areas, offering a healthy and aesthetically pleasing environment. In addition to improving the quality of life, collaborative gardening strengthens community ties and promotes sustainable practices such as composting and reusing materials for gardening.


Thus, it is evident that one of the positive consequences of collaborative consumption is the reduction of the ecological footprint, aligning with the principles of the circular economy. In addition to environmental and economic benefits, the sharing economy also strengthens social and community fabric. By encouraging sharing and collaboration among people with common interests, this practice promotes the development of stronger and more supportive relationships. Communities adopting this practice often experience increased trust, social cohesion, and a sense of shared responsibility towards the environment.


In our journey towards a more sustainable future, it is crucial to explore and promote initiatives like those presented here. After all, we are not only contributing to the preservation of the planet but also promoting a more conscious and balanced lifestyle for both the present and future generations.

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