The concept of a circular economy in the context of sustainable development

Abstract

The purpose of the article is to identify key differences between the circularity and sustainability of the system, to develop the systematization of the circular economy principles, innovative business models aimed to ensure it, as well as regulatory measures of public authorities to stimulate and support circular economy taking into account a progressive foreign experience. Research methods. In the course of the research the method of comparative analysis (assessment of measures of state regulatory policy in some countries of the world), abstract-logical method (problem statement, substantiation of conclusions), monographic method (analysis of evolution of national and foreign scientists works on circular economy), dialectical methods of cognition were used. Research results. The peculiarities of the circular economy are highlighted, it is emphasized that the circularity of the system and sustainability are interrelated concepts, but not identical. It is determined that the circular economy is a set of economic tools and methods used to ensure the sustainable development of the system. It is substantiated that the introduction of a circular economic model requires a change or adaptation of current business models according to new conditions and needs of housekeeping. The main measures of the state regulatory policy of some countries of the world to support and stimulate such business models are analyzed. Scientific novelty. The theoretical basics of the circular economy have been further developed, the purpose of which is to ensure sustainable development by optimizing the use of resource potential and innovative business models with systematic governmental support. Practical significance. It is proved that the development of a circular economic model is impossible without an active state regulatory policy. The measures of the state regulatory policy on support of circular business models are offered. Tabl.: 2. Refs.: 20.

Circular economy and cybersecurity: Safeguarding information and resources in sustainable business models

“…The case of whey recycling demonstrates the practical application of circular economy principles, showcasing how industries can transform waste into valuable products, thus aligning economic activities with environmental conservation. Gryshova and Nesterova (2021) delve into the concept of a circular economy within the context of sustainable development, identifying key differences between circularity and sustainability. Their work contributes to the systematization of circular economy principles and innovative business models aimed at ensuring sustainability.…”

“…In summary, the core principles of the circular economy represent a transformative approach to redefining waste and resources in pursuit of sustainable development. The works of Kovtun (2020), Uvarova et al (2020), and Gryshova and Nesterova (2021) illustrate the multifaceted nature of this transition, from theoretical frameworks to practical applications and the essential role of policy in facilitating this shift. By embracing circular economy principles, businesses and economies can move towards more sustainable, efficient, and resilient models that not only preserve the environment but also offer economic and competitive advantages.…”

State policy in the field of implementation of bioenergy technologies in the context of its regulatory and legal support

“…Аналіз останніх досліджень і публікацій. Проблематика розвитку ВДЕ наразі дуже актуальна, що проявляється в активізації наукових досліджень у цьому напрямі, в тому числі й в Україні [1,8,16,39,[41][42][43][44][45]. Проблематика формування ринку біопалива, пошуку шляхів розвитку його виробництва та реалізації знайшла відображення в дослідженнях В. Андрієвського, М. Безуглого, В. Бойко, Т. Осташко, Г. Калетніка, І. Кириленка, М. Кизима, В. Микитенка, О. Скорук, О. Шпичака та ін.…”

“…На думку фахівців [16,43], в Україні існує нагальна потреба в імплементації ще 36 європейських стандартів на тверде біопаливо та обладнання, які необхідні для впровадження на підприємствах-виробниках твердого біопалива сучасних систем сертифікації (зокрема, ENplus), захисту прав споживачів твердого біопалива, додержання екологічних норм та критеріїв сталості [1].…”