Circular Economy Global Perspective

A circular economy is an alternative to a traditional linear economy (make, use, dispose) in which we keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life. Circular economy (CE) is important towards sustainable development, resources circulation and conservation, involving closing of material loops and cascading used resources, to prevent waste occurrence, and transforming the resulting residual streams into new (secondary) resources. Strategies and legislative framework for waste management are important steps for development of a more CE where resource efficiency becomes the key driver for both economic growth and environmental protections. A few countries achieved good results implementing CE as a replacement of the linear economy. Resource managers and planners should thoroughly identify factors to implement CE for societal benefits. This book presents how resource consumption is minimized with rational use based on 3Rs, legislative framework and government supports towards implementing CE initiatives, example of best practices, future plans and targets in different countries those are helpful for researchers, planners and implementers.

This book presents the advantages of the circular economy as a powerful - and inevitable - model for tackling the current challenges against shrinking resources and establishing the resource efficient economy. The experienced contributors present the status and strategies of circular economy implementation in several countries with hands on experience to protect the environment while promoting the circular economy through legislative requirements, best practices adopted and popularizing the idea of circulation of resources amongst the researchers & academia, policy makers, industry, and the general public at large. The book advocates model that consists of designing products and processes with a view to endlessly recycling them evolving a greater scope of sustainable development.

The circular economy is a policy approach and business strategy that aims to improve resource productivity, promote sustainable consumption and production and reduce environmental impacts. This book examines the relevance of the circular economy in the context of developing countries, something which to date is little understood. This volume highlights examples of circular economy practices in developing country contexts in relation to small and medium enterprises (SMEs), informal sector recycling and national policy approaches. It examines a broad range of case studies, including Argentina, Brazil, China, Colombia, India, Indonesia, Kenya, South Africa, and Thailand, and illustrates how the circular economy can be used as a new lens and possible solution to cross-cutting development issues of pollution and waste, employment, health, urbanisation and green industrialisation. In addition to more technical and policy oriented contributions, the book also critically discusses existing narratives and pathways of the circular economy in the global North and South, and how these differ or possibly even conflict with each other. Finally, the book critically examines under what conditions the circular economy will be able to reduce global inequalities and promote human development in the context of the Sustainable Development Goals. Presenting a unique social sciences perspective on the circular economy discourse, this book is relevant to students and scholars studying sustainability in economics, business studies, environmental politics and development studies.

This book is purposefully styled as an introductory textbook on circular economy (CE) for the benefit of educators and students of universities. It provides comprehensive knowledge exemplified by practices from policy, education, R&D, innovation, design, production, waste management, business and financing around the world. The book covers sectors such as agriculture/food, packaging materials, build environment, textile, energy, and mobility to inspire the growth of circular business transformation. It aims to stimulate action among different stakeholders to drive CE transformation. It elaborates critical driving forces of CE including digital technologies; restorative innovations; business opportunities & sustainable business model; financing instruments, regulation & assessment and experiential education programs. It connects a CE transformation for reaching the SDGs2030 and highlights youth leadership and entrepreneurship at all levels in driving the sustainability transformation.

The authors and editors of this volume state that with the intensive growth of global industrialization and urbanization, the consumption of various resources and materials, such as energy, minerals, and even water, is increasing at an amazing speed, which poses great pressure on material resources. In addition, the massive utilization of materials has led to low efficiency, resulting in great wastes of resources as well as serious environmental pollutions and degradation, which has severely hindered the sustainable development of economy and society. In order to transit to sustainable development, it is necessary to improved resource efficiency, and circular economy and waste valorization are the best alternative ways for achieving this goal. This book aims to provide an in-depth description of circular economy and waste valorization, make assessments for circular economy and waste valorization in different regions and countries and determine the technological pathways and roadmap for achieving circular economy and waste valorization. More specifically: (1) Conceptions and Theories: Concepts and definitions of circular economy and waste valorization and their nexus and contributions to sustainable development. (2) Policy and Practice: Measurement and assessment of performance or sustainability for implementing circular economy and waste valorization. (3) Pathways and Prospects: Identification and prioritization of the barriers, strategies, technologies, and pathways for achieving circular economy and waste valorization. The book systematically and comprehensively introduces the definitions, concepts, framework and nexus of circular economy and waste valorization, analyzes and measures their performance and sustainability and provides the methods for investigating and prioritizing the barriers and strategies and determining the pathways and roadmap for their development.

As the planet’s natural resources continue to be depleted, society’s environmental awareness has grown. Businesses especially are being coerced into incorporating more sustainable approaches to carrying out their activities. Organizations that develop sustainable business strategies that deliver enhanced value by radically reducing material inputs and engaging consumers on circular economy will be well-positioned for success. Mapping, Managing, and Crafting Sustainable Business Strategies for the Circular Economy is an essential reference source that discusses implementing sustainable business strategies as well as economic policies for the modern business era. Featuring research on topics such as global business, urban innovation, and cost management, this book is ideally designed for managers, operators, manufacturers, academics, practitioners, policymakers, researchers, business professionals, and students seeking coverage on utilizing natural resources in the most sustainable way.

Offering a detailed overview of what is required to move towards a circular economy by providing a series of cases alongside each chapter that illustrate practice in relation to theory, Maguire and Robson deliver a lens through which academics and students can explore what is emerging as state of the art.

This book explores the role of law and policy in circular economy transitions and their impacts on justice, including on distributional equity and recognition and procedural rights, especially for people already marginalised under the current dominant economic system. Amid increasing demand for virgin raw materials, and unsustainable consumption and waste disposal that are driving the global ecological and climate crisis, there are growing calls to urgently transition to circular economies. Despite an increasing number of circular approaches being adopted, implemented, and integrated in national and local laws and policies, the number of commercially successful business stories remains isolated. Moreover, questions about whether circular economy laws and policies are delivering fair and just global outcomes need to be addressed. This book examines this significant knowledge gap to understand legal experiences, including justice and equity issues in the global context, so that these can inform wider design and implementation. The book begins by explaining the concept of a circular economy and its context within wider issues of sustainable development and justice. The first part of the book then examines the legal context of the circular economy by analysing legal forms in practice and those recommended in wider scholarship before considering how these could impact on existing inequity and injustices globally. The second part delivers an empirical understanding of the implications of the law on circular economy approaches and the global equity and justice dimensions through two case studies on solid waste management and forestry. The final part addresses legal opportunities and challenges for wider implementation of circular economy approaches that incorporate justice into its framing. This book will be of great interest to students, scholars, and practitioners of environmental and natural resource law and policy, circular economy, industrial ecology, natural resource management, and sustainable development more broadly.