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Title New Theoretical And Practical Approaches Of Implementing The Circular Economy For The Preservation Of Natural Resources
ID_Doc 36
Authors Gabriela-Cornelia, P; Iudith, I; Alexandru, B
Published 2Nd International Conference Economic Scientific Research - Theoretical, Empirical And Practical Approaches, Espera 2014, 22,
Structure
Section 1: Introduction


The article discusses the strategic approach to funding environmental flows in a sequence-focused vision, aiming to preserve natural resources, maintain a sustainable environment, and meet human needs. The research assesses the methodological and instrumental resources-economy-environment concepts, projects addressing border protection activities under a common natural environment, and transfer and replication sources. The paper highlights the complex issues of resource-economy-environment relationship, multidimensional view of financial resonances, and the need for timely financing, distribution, and correlative multiplicative environment.

Section 2: Characteristics of financing environmental projects


The article explains that environmental projects require long-term financing mainly for investments with long profitable periods. Long-term financing helps defer the project by partially or totally paying interest or dividends on securities until the project begins to generate revenue. The main types of long-term financial instruments are debt, common shares, preferred shares, bonds, actions, intermediation, and other tools. Environmental projects are based on a financial structure without recourse or limited recourse debts incurred and the invested capital for financing pays the cash flow generated by the project.

Section 3: Definition of financial instruments and investment objectives correlate with environmental


The article defines financial instruments and investment objectives that correlate with environmental projects. Financial instruments used in environmental projects include debt, equity, and other instruments. The study concludes that environmental projects require a variety of financial instruments, including long-term financing tools, such as collective loans, foreign currency loans, and bonds. The article also highlights the importance of financial analysis and cash flow management in environmental projects.

Section 4: Demonstration of alternative financing mechanisms and assemblies


The article demonstrates alternative financing mechanisms and assemblies for environmental projects. The financing environment involves three phases: establishing the necessary funds for environmental protection, establishing funding opportunities, and comparing needs with availability. The article concludes that complex financing mechanisms involve a series of streams and common circuits and other areas, and the use of a variety of methods of financing, such as associations or foundations, acting in the field of environmental lending.

Section 5: Conclusions and recommendations


The article concludes that environmental investments contribute significantly to reducing the costs directly involved in economic activities generating income and creating conditions to reduce and sometimes eliminate the risks associated with the production of economic goods. The study recommends that environmental projects aim to transition from a linear economic model to a circular economic model, structuring elements of protection, investment, and financing, and establishing interdependencies and interactions between components of funding.

Section 6: References


The article provides a list of references, including books, articles, and publications on environmental economics, sustainable development, and environmental protection. The references include works by authors such as Bogdan T. A., Comşa, D., Opean, C., and Negrei, C.
Summary The paper discusses the importance of implementing a circular economy in Romania to preserve natural resources and promote sustainable development. A circular economy is based on a "win-win" strategy that protects the environment, consumers, and employees while increasing industrial efficiency, profitability, and competitiveness. The paper proposes a strategic approach to funding environmental projects that allows for the training and use of all funding sources feasible in an industrial economy. The research focuses on assessing the methodological and instrumental resources-economy-environment concepts, projects addressing border protection activities under a common natural environment, and the transfer and replication of sources. The authors highlight the complex issues of the resource-economy-environment relationship and the need for timely financing, distribution, and correlative multiplicative environment. The paper also discusses the characteristics of financing environmental projects, including the use of debt instruments and equity investment instruments. Long-term financing is necessary for investments with long profitable periods, and short-term financing is used to cover temporary cash deficits. The authors propose a demonstration of alternative financing mechanisms and assemblies, including the use of structural funds, and conclude that environmental investments can significantly reduce costs and create conditions for sustainable development. The paper emphasizes the need for a circular economy to achieve environmental projects and reduce the costs of economic activities. The authors recommend integrating environmental protection into national development planning and promoting public-private partnerships to finance environmental projects.
Scientific Methods The article "New Theoretical And Practical Approaches Of Implementing The Circular Economy For The Preservation Of Natural Resources" by Piciu Gabriela-Cornelia, Ipate Iudithb, and Bogdan Alexandrub presents a comprehensive analysis of the concept of circular economy and its application in preserving natural resources. The research methods used in this article can be identified as follows:

1.
Literature Review
: The authors conduct a thorough review of existing literature on the topic of circular economy, environmental protection, and sustainable development. This review is essential in understanding the theoretical foundations of the circular economy concept and its relevance to environmental protection.
2.
Analytical Approach
: The authors employ an analytical approach to examine the relationships between the circular economy concept, environmental protection, and sustainable development. This approach involves identifying the key components of the circular economy and their interactions with environmental and economic systems.
3.
Case Studies
: The authors use case studies to demonstrate the application of circular economy principles in various sectors, such as energy, transportation, and manufacturing. These case studies provide concrete examples of how the circular economy concept can be implemented in practice.
4.
Theoretical Modeling
: The authors develop a theoretical model to explain the relationships between the circular economy concept, environmental protection, and sustainable development. This model is based on a system dynamics approach and is used to simulate the effects of different policy scenarios on the circular economy and environmental outcomes.
5.
Policy Analysis
: The authors conduct a policy analysis to identify the key policy levers that can be used to promote the adoption of circular economy principles in various sectors. This analysis involves examining existing policies and regulatory frameworks, as well as identifying areas for improvement.
6.
Mathematical Modeling
: The authors use mathematical modeling techniques to quantify the economic and environmental impacts of different policy scenarios on the circular economy and environmental outcomes.
7.
Sensitivity Analysis
: The authors conduct sensitivity analysis to examine the robustness of their findings and to identify the key drivers of the circular economy and environmental outcomes.
8.
Stakeholder Engagement
: The authors engage with stakeholders, including policymakers, industry representatives, and civil society organizations, to ensure that their research is relevant and applicable to real-world contexts.

Overall, the research methods used in this article are diverse and include a range of analytical, theoretical, and policy-oriented approaches. These methods are essential in understanding the complex relationships between the circular economy concept, environmental protection, and sustainable development.

However, it's worth noting that the article does not explicitly mention the use of quantitative methods, such as econometric analysis, statistical modeling, or machine learning techniques. If these methods were used, they would have likely been mentioned in the article as part of the research design and methodology.

In terms of limitations, the article could benefit from more detailed information on the sampling strategy used in the case studies, the data sources used in the literature review, and the validation of the theoretical model. Additionally, the article could have benefited from more explicit discussions of the limitations and potential biases of the research design and methodology.
Article contribution The article "New Theoretical And Practical Approaches Of Implementing The Circular Economy For The Preservation Of Natural Resources" by Piciu Gabriela-Cornelia, Ipate Iudithb, and Bogdan Alexandrub presents a comprehensive analysis of the implementation of the circular economy in Romania, with a focus on the preservation of natural resources. Here are the key contributions of the article to regenerative economics:

1.
Strategic Approach to Funding Environmental Flows
: The article proposes a strategic approach to funding environmental flows, which is essential for the preservation of natural resources. This approach involves the creation of a system that integrates financial flows, ensuring the long-term sustainability of the environment.
2.
Characteristics of Financing Environmental Projects
: The article identifies the key characteristics of financing environmental projects, including the need for a management system, environmental projects with a high level of leverage, and the use of debt instruments and equity investment instruments.
3.
Definition of Financial Instruments and Investment Objectives Correlate with Environmental
: The article defines financial instruments and investment objectives that correlate with environmental projects, such as bonds, deposits, and risk capital aid.
4.
Demonstration of Alternative Financing Mechanisms and Assemblies
: The article demonstrates alternative financing mechanisms and assemblies for environmental protection, including the use of state budget funds, funding instruments, and partnerships between public and private sectors.
5.
Network Development Funding and Interactive Model
: The article proposes a network development funding and interactive model, which enables the creation of interdependencies and interactions between funding sources, tools, products, and institutions, aimed at ensuring a spatial and temporal perspective.
6.
Economic and Financial Analysis of Environmental Investments
: The article conducts an economic and financial analysis of environmental investments, highlighting the benefits of investing in environmental protection, such as reduced costs, increased competitiveness, and improved environmental performance.
7.
Involvement of Private Sector in Environmental Projects
: The article discusses the involvement of the private sector in environmental projects, including the use of public-private partnerships, financing mechanisms, and instruments such as bonds, deposits, and risk capital aid.
8.
Role of Structural Funds in Environmental Protection
: The article highlights the role of structural funds in environmental protection, emphasizing the importance of integrating environmental protection into national development and regional programming processes.

The article contributes to regenerative economics in several ways:

1.
Promoting a circular economy
: The article promotes the implementation of a circular economy, which is essential for preserving natural resources and ensuring long-term sustainability.
2.
Encouraging private sector involvement
: The article encourages private sector involvement in environmental projects, which is crucial for financing and implementing environmental protection measures.
3.
Developing alternative financing mechanisms
: The article demonstrates alternative financing mechanisms and assemblies for environmental protection, which can help reduce the financial burden on public funds and ensure the long-term sustainability of environmental projects.
4.
Fostering a network development funding and interactive model
: The article proposes a network development funding and interactive model, which can help create interdependencies and interactions between funding sources, tools, products, and institutions, aimed at ensuring a spatial and temporal perspective.

Overall, the article provides a comprehensive analysis of the implementation of the circular economy in Romania, with a focus on the preservation of natural resources. Its contributions to regenerative economics are significant, as it promotes a circular economy, encourages private sector involvement, develops alternative financing mechanisms, and fosters a network development funding and interactive model.

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