Title | The Circular Economy In Central And South-Eastern Europe - The Need For Action |
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ID_Doc | 666 |
Authors | Gheorghiu, A; Szajczyk, M |
Title | The Circular Economy In Central And South-Eastern Europe - The Need For Action |
Year | 2018 |
Published | |
Abstract | This paper provides an introduction to some of the principles and approaches related to the concept of a circular economy which is relatively new at the European level especially in Central and South-Eastern Europe. In essence, a circular economy represents an alternative to the currently predominant linear take-make-consume-dispose economic model, which is not sustainable and in many cases is causing the wasting of natural resources. The circular economy according to the Ellen MacArthur Foundation aims to maintain the utility of products, components and materials and retain their value. It thus minimizes the need for new inputs of materials and energy, while reducing environmental pressures linked to resource extraction, emissions and waste. In the article there are presented main schools of thought in which circular economy has its origins. Among analyzed concepts are: cradle to cradle, industrial ecology, biomimicry, dematerialization and performance economy. The concept of circular economy is essential for whole Europe, however Central and South-Eastern Europe is in a specific situation because on one hand, some indicators, for example recycling rate and the amount of waste going into landfills without treatment are much higher than in Western European countries, but on the other hand, in the countries of Central and South-Eastern Europe, the amount of waste generated per capita is many times lower than in Western Europe. Wise implementation of circular economy programs can cause that in these countries waste management systems will be significantly improved in a relatively short time. In the article the comprehensive assessment of the European waste management systems and circular economy programs - which aim to manage all natural resources more efficiently and sustainably - are analyzed. European Commission Circular Economy Package which is going to stimulate Europe's transition towards a circular economy has been also analyzed. In the paper benefits related to the implementation of circular economy programs have been analyzed: environmental benefits which bring less environmental impact; economic benefits which bring opportunities for economic growth and innovation and social benefits which bring sustainable consumer behavior and job opportunities. Moreover, new business models which play an important role in the circular economy and have significant potential for increased economic, social and environmental benefits are presented. Among analyzed models are: remanufacturing and reuse; selling services rather than goods and sharing economy business model. |