Influence of Circular Economy Phenomenon to Fulfil Global Sustainable Development Goal: Perspective from Bangladesh

Abstract

This paper highlights the extent of the relationships between circular economy (CE) practices and the implementation of the United Nations Sustainable Development Goals (SDGs). Specifically, the paper takes part in academic debates regarding CE and SDGs. It qualitatively investigates national governments’ policy response and practices, with a focus on Bangladesh. The study finds varying degrees of momentum in the national policy response to SDGs and thus, it answers two research questions: (i) what is the relevance of CE practices to the United Nations (UN) SDGs? (ii) What are the responses from the Bangladeshi government to fulfil the UN SDGs regarding sustainable consumption and production with CE? As CE is a global trend, the research suggests that broad, conscientious connection and collaboration at the national level are essential. The findings implicate national governments in developing countries and UN SDGs for their policies and programme reassessment, considering the impact of the COVID-19 pandemic on sustainable development.

Integrated Fuzzy AHP-TOPSIS Method to Analyze Green Management Practice in Hospitality Industry in the Sultanate of Oman

“…Moreover, this will also help to create and adopt green innovation through controlling energy, water, and waste [34]. Furthermore, we can keep in mind that government regulations can enhance green performance within the hotel industry that also fosters environmental sustainability [35].…”

Circular economy model for developing countries: evidence from Bangladesh

“…(2021) , Moktadir et al. (2018) , and Azizuddin et al. (2021) reiterated some of the barriers ( Table 6 ) in the context of Bangladesh; such that Saha et al.…”

“…The circular economy (CE) is defined to be a method to manage resource circularity, efficiency, and optimization that advocates the use of wastes as resources to generate value ( Azizuddin et al., 2021 ). The system that the world follows currently is a linear economy model.…”

“…(2021) ). Moreover, Some of the articles also discuss the risk of CE practice implementation in the supply chain, and more broadly in the context of SDGs ( Azizuddin et al. (2021) ; Dulia et al.…”

“… Knowledge sharing sustainable practice among the value chain is also necessary. Azizuddin et al. (2021) The implication of CE for sustainable development in Bangladesh Review of literature, and Delphi approach interview (Semi-structured) The mashup of government and private initiatives can help to attain sustainable development by implementing CE practices in different sectors of Bangladesh.…”