There have long been calls from industry for guidance in implementing strategies for sustainable development. The Circular Economy represents the most recent attempt to conceptualize the integration of economic activity and environmental wellbeing in a sustainable way. This set of ideas has been adopted by China as the basis of their economic development (included in both the 11th and the 12th ‘Five Year Plan’), escalating the concept in minds of western policymakers and NGOs. This paper traces the conceptualisations and origins of the Circular Economy, tracing its meanings, and exploring its antecedents in economics and ecology, and discusses how the Circular Economy has been operationalized in business and policy. The paper finds that while the Circular Economy places emphasis on the redesign of processes and cycling of materials, which may contribute to more sustainable business models, it also encapsulates tensions and limitations. These include an absence of the social dimension inherent in sustainable development that limits its ethical dimensions, and some unintended consequences. This leads us to propose a revised definition of the Circular Economy as “an economic model wherein planning, resourcing, procurement, production and reprocessing are designed and managed, as both process and output, to maximize ecosystem functioning and human well-being”.

/pdf/the-circular-economy-an-interdisciplinary-exploration-of-the-d4tbyk480i.pdf

The Circular Economy: An Interdisciplinary Exploration of the Concept and Application in a Global Context

Efficiency and abatement costs of energy-related CO2 emissions in China: A slacks-based efficiency measure

The main aim of this review article is to review of DEA models in regarding to energy efficiency. This paper reviewed and summarized the different models of DEA that have been applied around the world to development of energy efficiency problems. Consequently, a review of 144 published scholarly papers appearing in 45 high-ranking journals between 2006 and 2015 have been obtained to achieve a comprehensive review of DEA application in energy efficiency. Accordingly, the selected articles have been categorized based on year of publication; author (s) nationalities, scope of study, time duration, application area, study purpose, results and outcomes. Results of this review paper indicated that DEA showed great promise to be a good evaluative tool for future analysis on energy efficiency issues, where the production function between the inputs and outputs was virtually absent or extremely difficult to acquire.

A comprehensive review of data envelopment analysis (DEA) approach in energy efficiency

The effects of three types of environmental regulation on eco-efficiency: A cross-region analysis in China

Summary
Eco-industrial initiatives, which close industrial loops by turning wastes at one point in a value chain into inputs at another point, are attracting growing interest as a solution to the problem of sustainability of industrial systems. Although Germany and Japan have made important advances in building recycling incentives into their industrial systems and sought competitive advantage from doing so, China is arguably taking the issue even further (in principle) through its pursuit of a circular economy, now enshrined in law as an official national development goal. In this article, we review a number of the eco-industrial initiatives taken in China and compare them using a common graphical representation with comparable initiatives taken in the West and elsewhere in East Asia. Our aim is to demonstrate some common themes across the case studies, such as the transformation from the former linear economy to a circular economy and the evolutionary processes in which dynamic linkages are gradually established over time. We discuss the drivers of these eco-industrial initiatives as well as the inhibitors, setting the initiatives in an evolutionary framework and introducing a notion of Pareto eco-efficiency to evaluate them. We make the argument that China might be capturing latecomer advantages through its systematic promotion of eco-industrial initiatives within a circular economy framework.

Progress toward a circular economy in China : the drivers (and inhibitors) of eco-industrial initiative

http://environmentportal.in/files/Eco%20efficiency.pdf

Ziying Fan

Papers

Eco-efficiency analysis of industrial system in China: A data envelopment analysis approach