GREEN TRANSITION AND CIRCULAR ECONOMY PRACTICES: UNLOCKING AFRICA'S POTENTIAL FOR SUSTAINABLE GROWTH

This paper addresses the urgent need for sustainable development in Africa amid the increasing environmental challenges posed by climate change. Despite accounting for less than 4% of global greenhouse gas emissions, the continent faces critical issues such as droughts and limited energy access, threatening economic stability and growth. The research focuses on the interplay between sustainability initiatives and economic growth, arguing that the adoption of renewable energy and circular economy (CE) practices can serve as catalysts for industrial expansion and job creation. To explore this relationship, the study employs a SWOT analysis to evaluate the strengths, weaknesses, opportunities, and threats associated with Africa's green transition. The analysis reveals both the advantages of adopting sustainable practices and the significant obstacles hindering progress, such as inadequate infrastructure and funding shortfalls. Additionally, the paper highlights how circular economy approaches can enhance the continent's sustainable development efforts by promoting resource efficiency and reducing waste. In conclusion, the article underscores the necessity of integrating sustainable and circular practices within national development strategies to achieve resilience and sustainability in Africa. The recommendations include prioritizing investments in renewable energy infrastructure, fostering collaboration among stakeholders, and promoting policies that facilitate access to funding for CE initiatives to support economic growth. By addressing these challenges, Africa can move towards a more sustainable future that balances economic growth with environmental stewardship.

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Publication Details

Journal
Environment Technology Resources Proceedings of the International Scientific and Practical Conference
Published
2025-06-11
DOI
https://doi.org/10.17770/etr2025vol1.8648
Citations
1
Primary Topic
Sustainable Development and Environmental Policy
Type
article
Field-Weighted Citation Impact
2.42

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article

GREEN TRANSITION AND CIRCULAR ECONOMY PRACTICES: UNLOCKING AFRICA'S POTENTIAL FOR SUSTAINABLE GROWTH

Eduard Marinov
1 citations
Environment Technology Resources Proceedings of the International Scientific and Practical Conference
Sustainable Development and Environmental Policy
2.42
article

GREEN TRANSITION AND CIRCULAR ECONOMY PRACTICES: UNLOCKING AFRICA'S POTENTIAL FOR SUSTAINABLE GROWTH

Eduard Marinov
article en
1 citations

Abstract

This paper addresses the urgent need for sustainable development in Africa amid the increasing environmental challenges posed by climate change. Despite accounting for less than 4% of global greenhouse gas emissions, the continent faces critical issues such as droughts and limited energy access, threatening economic stability and growth. The research focuses on the interplay between sustainability initiatives and economic growth, arguing that the adoption of renewable energy and circular economy (CE) practices can serve as catalysts for industrial expansion and job creation. To explore this relationship, the study employs a SWOT analysis to evaluate the strengths, weaknesses, opportunities, and threats associated with Africa's green transition. The analysis reveals both the advantages of adopting sustainable practices and the significant obstacles hindering progress, such as inadequate infrastructure and funding shortfalls. Additionally, the paper highlights how circular economy approaches can enhance the continent's sustainable development efforts by promoting resource efficiency and reducing waste. In conclusion, the article underscores the necessity of integrating sustainable and circular practices within national development strategies to achieve resilience and sustainability in Africa. The recommendations include prioritizing investments in renewable energy infrastructure, fostering collaboration among stakeholders, and promoting policies that facilitate access to funding for CE initiatives to support economic growth. By addressing these challenges, Africa can move towards a more sustainable future that balances economic growth with environmental stewardship.

Environment Technology Resources Proceedings of the International Scientific and Practical ConferenceVol. 1
Economic Research Institute (BG)
European Commission, Bulgarian Academy of Sciences, New Bulgarian University, Economic Research Institute
Openalex Percentile: Top 11%
Sustainable Development and Environmental Policy
2.42
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GREEN TRANSITION AND CIRCULAR ECONOMY PRACTICES: UNLOCKING AFRICA'S POTENTIAL FOR SUSTAINABLE GROWTH — Eduard Marinov · Environment Technology Resources Proceedings of the International Scientific and Practical Conference (2025) | TGRS Research Map | TGRS