Current trends in economy, sustainable development, and energy: a circular economy view
Ramón Sanguino,Ascensión Barroso,Santiago Fernández-Rodríguez,María Isabel Sánchez-Hernández +3 more
TLDR
The concept of CE has recently been proposed as a new development strategy that aims to mitigate the contradiction between the rapid economic growth and the shortage of raw materials and energy.Abstract:
Nowadays, it is widely recognized that the current production and consumption models are no longer adequate because of the inefficient use of resources (especially energy) and its dramatical consequences, environmental load and social inequality (UNEP 2011). In this context, Circular Economy (CE) has started to be considered a sustainable economic paradigm (Geissdoerfer et al. 2017), enabled by novel business models (Lewandowski 2016) and responsible consumers (Borrello et al. 2017). As highlighted by McDowall et al. 2017), the origin of the concept emerged in Europe in the 1980s and 1990s, together with early policies of the EuropeanUnionmember states, drawing on ideas that can be traced to the 1970s. Driven by a desire to divert waste from landfill, the Netherlands and Germany pioneered concepts of waste prevention and reduction, with the waste hierarchy introduced to the Dutch Parliament in 1979. However, even acknowledging that CE was rooted in environmental economics, there is today a huge interdisciplinary framework underpinning CE. This new framework offers good prospect for gradual involvement of the present economic system, including production and consumption models. We can say that at the moment, CE has the supreme goal of promoting sustainable development through the dissociation of environmental pressure from economic growth (Ghisellini et al. 2016; Schandl et al. 2016; Bruel et al. 2019). According to Ghisellini et al. (2016), CE is a new economic system aiming to increase the efficiency of resource use to achieve improvements in the existing balance between economy, environment and society. In this line, the concept of CE has recently been proposed as a new development strategy that aims to mitigate the contradiction between the rapid economic growth and the shortage of raw materials and energy (Christis et al. 2019). Although there is no commonly accepted definition of CE so far, the core of CE is the closed flow of materials and the use of raw materials and energy through multiple phases (Gan et al. 2013). The ‘3R’ principles—reduction, reuse, and recycling of materials and energy—are often cited to describe the three possible approaches in practice (the goals of reduce, reuse, and especially recycle have become the only acceptable ways of disposing of waste (Yong 2007, Yellishetty et al. 2011, Samiha 2013, Ahmadi 2017, Huang et al. 2018). This concept has been pursued by many countries’ environmental policy makers as a potential strategy to solve existing environmental problems (Preston and Carr 2018). As one of the main objectives of governments is to promote the sustainable development of economy and society, it also helps to achieve sustainable environmental protection (Yuan et al. 2006). Once the high economic potential of CE has been recognized, in the European Union, different CE Action Plans have been proposed as new initiatives, changes or adaptations to legislation, mainly related to waste and landfills at the beginning. In 2015, a range of policy measures collectively known as the Circular Economy Package, and later replaced by the Closing the Loop-An Action Plan for the CE, were approved in Europe (COM2015). At present times the CE is a priority for Europe. Nearly 1 billion from Horizon 2020’s final Work Responsible editor: Philippe Garriguesread more
Citations
More filters
Journal ArticleDOI
A comprehensive review of deep learning applications in hydrology and water resources
TL;DR: This study provides a comprehensive review of state-of-the-art deep learning approaches used in the water industry for generation, prediction, enhancement, and classification tasks, and serves as a guide for how to utilize available deep learning methods for future water resources challenges.
Journal ArticleDOI
Does globalization matter for ecological footprint in Turkey? Evidence from dual adjustment approach.
TL;DR: The findings clearly reveal that in the long run, globalization impacts ecological footprint positively and trade openness reduces ecological footprint in the short run, while ecological footprint is negatively affected by GDP growth in both the short and the longrun.
Journal ArticleDOI
Consumption-based carbon emissions in Mexico: An analysis using the dual adjustment approach
TL;DR: In this article, the authors explored the impact of financial development and globalization on consumption-based carbon emissions in Mexico while controlling growth, trade openness, and energy consumption using the dual adjustment approach.
Journal ArticleDOI
Toxic effects on bioaccumulation, hematological parameters, oxidative stress, immune responses and neurotoxicity in fish exposed to microplastics: A review.
TL;DR: In this paper, the toxic effects of microplastics in fish through various indicators were examined, including bioaccumulation, hematological parameters, antioxidant responses, immune responses, and neurotoxicity in relation to MP exposure.
Journal ArticleDOI
Caring for the environment: How human capital, natural resources, and economic growth interact with environmental degradation in Pakistan? A dynamic ARDL approach.
Lingyun Zhang,Danish Iqbal Godil,Munaza Bibi,Muhammad Kamran Khan,Muhammad Kamran Khan,Salman Sarwat,Muhammad Khalid Anser +6 more
TL;DR: In the long and short-run human capital and economic growth has a positive link with ecological footprint whereas natural resources have a negative link with the ecological footprint, and the results of this study revealed the presence of the environmental Kuznets curve in Pakistan.
References
More filters
Journal ArticleDOI
The Circular Economy – A new sustainability paradigm?
Martin Geissdoerfer,Martin Geissdoerfer,Paulo Savaget,Nancy Bocken,Nancy Bocken,Erik Jan Hultink +5 more
TL;DR: This article conducted an extensive literature review, employing bibliometric analysis and snowballing techniques to investigate the state of the art in the field and synthesise the similarities, differences and relationships between both terms.
Journal ArticleDOI
Designing the Business Models for Circular Economy—Towards the Conceptual Framework
TL;DR: In this paper, the authors employed a literature review to identify and classify the circular economy characteristics according to a business model structure, and defined the components of the business model canvas in the context of circular economy.
Journal ArticleDOI
The Circular Economy: A New Development Strategy in China
TL;DR: Zhang et al. as mentioned in this paper pointed out that growth of the gross domestic product (GDP) in China has significantly reduced the opportunities of future generations to enjoy natural and environmental resources.
Journal ArticleDOI
Effect of foreign direct investments, economic development and energy consumption on greenhouse gas emissions in developing countries
TL;DR: The study found a strong positive effect of energy consumption on greenhouse gas emissions and confirmed the validity of the pollution haven hypothesis.
Journal ArticleDOI
The effects of FDI, economic growth and energy consumption on carbon emissions in ASEAN-5: Evidence from panel quantile regression
TL;DR: In this paper, the authors investigated the impact of foreign direct investment, economic growth and energy consumption on carbon emissions in five selected member countries in the Association of South East Asian Nations (ASEAN-5), including Indonesia, Malaysia, the Philippines, Singapore and Thailand.