TRANSITION OF RUSSIAN REGIONS TO A CLOSED-LOOP ECONOMY

The circular economy (CEE) is becoming increasingly relevant in the context of global environmental andeconomic challenges. This model is aimed at minimizing waste and optimizing resource use, which reducesthe negative impact on the environment and increases economic efficiency. The circular economy concept hasgained momentum both among scholars and practitioners. However, critics claim that it means many differentthings to different people.1 In Russia, which has vast natural resources but faces serious environmetal problems,the transition to a CEE is a strategically important step. This essay examines the relevance of implementing aCEE in Russian regions, analyzes current initiatives, and discusses the benefits and challenges of this model.