Solid Waste Recovery, Co2 Productivity and Growth: An Empirical Analysis for Sustainable Development in Turkiye

This article seeks to explore the connection between solid waste recycling and economic growth through the lens of the circular economy perspective in Turkiye, considering the CO2 productivity index which had been reconstructed by using the PCA method (Principal Component Analysis) utilizing three different variables during the period spanning from 2000Q1 to 2021Q4. The findings revealed that recycling has a negative long-term impact on economic growth, indicating that policymakers should invest in modernizing infrastructure and optimizing logistics, provide financial support through subsidies and incentives, and foster public-private partnerships to enhance recycling's economic benefits. Furthermore, markets should be developed for recycled products with public procurement policies and consumer campaigns, considering the market volatility. Moreover, strengthening regulations, encouraging research and development, and enhancing governance and coordination will ensure effective recycling management and contribute to environmental sustainability and economic growth.