CIRCULAR ECONOMY AS A TOOL FOR ACHIEVING SUSTAINABLE DEVELOPMENT GOALS

The article examines the role of the circular economy as an effective tool for achieving sustainable development goals. The key principles of the circular economy are outlined, and the necessity of implementing the 10R concept, which proves more efficient compared to the standard 3R approach, is substantiated. It is noted that transitioning to a circular economy requires the modernization of production processes, the development of appropriate legislation, and the integration of innovative technologies. The challenges of implementing a circular economy in Ukraine are analyzed, particularly the impact of armed aggression on the country's economic and environmental situation. Strategic solutions to overcome these challenges are proposed, emphasizing the importance of integrating environmental criteria into public procurement and business practices to ensure sustainable development, ecological stability, and economic growth

Authors

Publication Details

Journal
Actual Problems of Economics
Published
2024-12-01
DOI
https://doi.org/10.32752/1993-6788-2024-1-282-182-189
Primary Topic
Sustainable Supply Chain Management
Type
article
Field-Weighted Citation Impact
0.00
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article

CIRCULAR ECONOMY AS A TOOL FOR ACHIEVING SUSTAINABLE DEVELOPMENT GOALS

Алла Череп, Tatyana Chepurna
Actual Problems of Economics
Sustainable Supply Chain Management
article

CIRCULAR ECONOMY AS A TOOL FOR ACHIEVING SUSTAINABLE DEVELOPMENT GOALS

Алла Череп, Tatyana Chepurna
article en

Abstract

The article examines the role of the circular economy as an effective tool for achieving sustainable development goals. The key principles of the circular economy are outlined, and the necessity of implementing the 10R concept, which proves more efficient compared to the standard 3R approach, is substantiated. It is noted that transitioning to a circular economy requires the modernization of production processes, the development of appropriate legislation, and the integration of innovative technologies. The challenges of implementing a circular economy in Ukraine are analyzed, particularly the impact of armed aggression on the country's economic and environmental situation. Strategic solutions to overcome these challenges are proposed, emphasizing the importance of integrating environmental criteria into public procurement and business practices to ensure sustainable development, ecological stability, and economic growth

Actual Problems of EconomicsVol. 1(282)
Openalex Percentile: Top 53%
Sustainable Supply Chain Management
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