Circular Economy as a Model of Achieving Sustainable Development

Gospodarka o obiegu zamkniętym jako model osiągania zrównoważonego rozwoju

Viktoriia Roleders*, Tetyana Oriekhova**, Galina Zaharieva***

*West Ukrainian National University, Department of Finance, Banking and Insurance, Vinnytsia Education and Research Institute of Economics, 37, Honty Street, Vinnytsia, 21000, Ukraine
E-mail: nagaichukviktoriia@gmail.com, ORCID: 0000-0002-6653-6583
**Vasyl’ Stus Donetsk National University, Department of International Economic Relations, 21, 600th Anniversary Street, Vinnytsia, 21021, Ukraine
E-mail: t.oriekhova@donnu.edu.ua, ORCID: 0000-0003-3650-5935
***D.A. Tsenov Academy of Economics, Department of International Economic Relations, 2 Em. Chakarov Street, Svishtov, 5250, Bulgaria
E-mail: g.zaharieva@uni-svishtov.bg, ORCID: 0000-0002-7178-2869

Abstract

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.

Key words: circular economy, model, sustainability, sustainable development, Sustainable Development Goals

Słowa kluczowe: gospodarka o obiegu zamkniętym, model, zrównoważoność, rozwój zrównoważony, Cele zrównoważonego rozwoju

Problemy Ekorozwoju 17(2)2022: 178-185

DOI: 10.35784/pe.2022.2.19

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