Implementation of principles of the circular economy in the context of the Ukraine’s development based on sustainability

In the article, the need to introduce the concept of the circular economy was substantiated by the author. The feasibility of transition to the 10 basic principles of the circular economy was proven in the article, which will promote efficient use of resources, de-carbonization, introduction of energy-saving technologies, creation of new jobs, support for local producers, waste recycling, and reduction of waste generation. The authors have processed the results of a survey of experts conducted within the framework of the World Economic Forum's Global Risk Perception Survey (GRPS). It is noted that in the near future, the most significant impact on the economy will be felt as a result of extreme weather conditions; social polarization, cyber threats and the use of artificial intelligence, interstate armed conflicts; limited economic opportunities, inflation, forced migration and environmental pollution. In the article, the likelihood of global risks is also examined. It is noted that experts have identified 5 main risks for Ukraine, including an interstate armed conflict in the country, forced migration due to the war, inflation, rising public debt, and the consequences of using various types of weapons. Priority steps for gradual transition to the circular economy, including waste minimization, rational use of natural resources and reduction of environmental pollution, adaptation to climate change, investment in renewable energy sources, creation of conditions for reducing social polarization and creating a healthy living environment are proposed by the author.  

Publication Details

Journal
The Scientific Issues of Ternopil Volodymyr Hnatiuk National Pedagogical University Series pedagogy
Published
2024-10-10
Primary Topic
Economic and Business Development Strategies
Type
article
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article

Implementation of principles of the circular economy in the context of the Ukraine’s development based on sustainability

The Scientific Issues of Ternopil Volodymyr Hnatiuk National Pedagogical University Series pedagogy
Economic and Business Development Strategies
article

Implementation of principles of the circular economy in the context of the Ukraine’s development based on sustainability

article en

Abstract

In the article, the need to introduce the concept of the circular economy was substantiated by the author. The feasibility of transition to the 10 basic principles of the circular economy was proven in the article, which will promote efficient use of resources, de-carbonization, introduction of energy-saving technologies, creation of new jobs, support for local producers, waste recycling, and reduction of waste generation. The authors have processed the results of a survey of experts conducted within the framework of the World Economic Forum's Global Risk Perception Survey (GRPS). It is noted that in the near future, the most significant impact on the economy will be felt as a result of extreme weather conditions; social polarization, cyber threats and the use of artificial intelligence, interstate armed conflicts; limited economic opportunities, inflation, forced migration and environmental pollution. In the article, the likelihood of global risks is also examined. It is noted that experts have identified 5 main risks for Ukraine, including an interstate armed conflict in the country, forced migration due to the war, inflation, rising public debt, and the consequences of using various types of weapons. Priority steps for gradual transition to the circular economy, including waste minimization, rational use of natural resources and reduction of environmental pollution, adaptation to climate change, investment in renewable energy sources, creation of conditions for reducing social polarization and creating a healthy living environment are proposed by the author.  

The Scientific Issues of Ternopil Volodymyr Hnatiuk National Pedagogical University Series pedagogy
Openalex Percentile: Top 28%
Economic and Business Development Strategies
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