Relation and Development between Circular Economy, Economic Growth and Environmental Sustainability
A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".
Deadline for manuscript submissions: closed (31 May 2024) | Viewed by 17224
Special Issue Editors
Interests: circular economy-environment-economy nexus; data analysis; model building; energy-environment-economy nexus
Special Issue Information
Dear Colleagues,
The circular economy concept aims to reshape our economic systems in an environmentally friendly way, based on the principles from Cradle-to-Cradle. In this circular economy, products are recycled without waste, and all products should be easily broken down into different components that can be used to create new products or systems. The 2021 Circularity Gap Report (CGR 2021) shows that our world is becoming less circular: global circularity wilted from 9.1% in 2018 to 8.6% in 2020. The report notes that large-scale unsustainable impacts, processes, and behaviours are taking place in our ongoing linear economy, with only 12% of secondary materials and resources being brought back into the economy. This results in the generation of greenhouse gases (GHGs) from resource extraction to end use, accounting for approximately 70% of total greenhouse gas emissions. Adopting a circular strategy is expected to reduce global GHG emissions and raw material use by 39% and 28%, respectively, and generate economic benefits of up to USD 4.5 trillion by 2030 (World Economic Forum 2019). The circular economy is a systems solution framework that tackles global challenges such as climate change, biodiversity loss, waste, pollution, and biocapacity deficit. Therefore, actively promoting a circular economy is seen as a key way to achieve both resource decoupling and impact decoupling. These two types of decoupling are key imperatives for sustainable development. This Special Issue aims to understand the nexus between the circular economy, economic growth and environmental sustainability (Chen and Pao, 2022, Pao and Chen, 2022).
In 2018, the European Commission proposed four aspects to measure progress in resource use and circular economy: production and consumption, waste management, secondary raw materials and competitiveness and innovation. Each aspect presents some quantitative and qualitative indicators related to the circular economy, such as resource productivity and municipal waste generation per capita in aspects of production and consumption; the recycling rate of municipal waste, bio-waste, e-waste, and packaging waste in the waste management aspect; trade in recyclable raw materials and the circularity rate in the secondary raw materials aspect; and CE-related private investment and recycling-related patents in the competitiveness and innovation aspect. These indicators are useful to study the relation and development between circular economies, linear economies, and the environment.
Dr. Hsiao-Tien Pao
Dr. Chun-Chih Chen
Guest Editors
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Keywords
- circular economy
- environment
- economy
- cradle to cradle
- sustainability
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