Work

Circular Economy as a Model of Achieving Sustainable Development

Year: 2022

Type: article

Abstract: In this paper the essence of the concept of circular economy was determined. The processes of transition to a circular economy are analyzed, as a result of which three levels are distinguished: efficient use of materials; product life extention; smart production and use of products. The connection between the circular economy and sustainable development was implemented. The main business models of the circular economy are considered: Resources recovery, Sharing platforms, Product life extension, Product as a service, Circular suppliers. Strategies and tools of circular economy are developed. The world experience of waste utilization is considered.

Source: Problemy Ekorozwoju

DOI: 10.35784/pe.2022.2.19

Authors: Viktoriia Roleders, Tetyana Oriekhova, Galina Zaharieva

Institutions: West Ukrainian National University, Vasyl' Stus Donetsk National University, D. A. Tsenov Academy of Economics

Language: English

Topic: Sustainable Supply Chain Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Responsible consumption and production

Open Access status: diamond

OpenAlex ID: W4282921144