Library of Things

Borrowing Instead of Buying (Solution Type)

Global (widely applicable)

Highlight

Shared libraries lend tools and household items, reducing material consumption and making occasional-use products affordable.

Extended description

A Library of Things lets residents borrow tools, appliances and other occasional-use items rather than buying them individually. Shared access reduces demand for new products and materials, extends the useful life of existing goods and makes equipment more affordable. Often run by community organisations or social enterprises, the model applies the logic of libraries to physical products and supports local circular economies.