THE GOALS OF WASTE FRAMEWORK DIRECTIVE AS MECHANISM SECURING TRANSITION TO CIRCULAR ECONOMY

Natalija Cudecka-Purina, Dzintra Atstaja, Rudite Vesere

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Circular economy is seen as economy's development direction expected to lead to a more sustainable development and a harmonious society. It covers at least five different business models, one of which is resource recovery, tackling benefits of industrial symbiosis. In order to achieve a circular economy, there must be a greater understanding of the links between economic activity and waste generation. A consensus exists on the vital role of waste and resource management in achieving transition from a linear model to a circular one where the value of materials and resources are maintained in the supply chain Waste systematically emerges throughout the supply chain as a result of economic activities and trade. Systemic and transformative change is also reflected in the growing number of case studies analysing innovative solutions based on new systemic thinking like "cradle to cradle" and "industrial symbiosis". The aim of the research is to analyse existing Circular economy strategies in the European Union, in order to identify main priority areas and objectives. The Authors have also assessed that the three Baltic States currently have not developed circular economy strategies, but nevertheless the authors were able to gather and analyse a range of examples of circular economy companies. In order to achieve this, following methodology has been applied by the authors: critical analysis, case studies, synthesis and comparative analysis. As a result of the research, the authors identify best practices, impact of the municipalities, allowing to identify further necessary steps for the transition to circular economy.
Original languageEnglish
Title of host publicationNEW CHALLENGES OF ECONOMIC AND BUSINESS DEVELOPMENT - 2019: INCENTIVES FOR SUSTAINABLE ECONOMIC GROWTH
Subtitle of host publicationPROCEEDINGS
PublisherUniversity of Latvia
Pages171-181
ISBN (Print)978-9934-18-428-4
Publication statusPublished - 2019
Externally publishedYes
Event11th international scientific conference "New Challenges of Economic and Business Development – 2019: Incentives for Sustainable Economic Growth": - Riga, Latvia
Duration: 16 May 201919 May 2019
Conference number: 11

Conference

Conference11th international scientific conference "New Challenges of Economic and Business Development – 2019: Incentives for Sustainable Economic Growth":
Country/TerritoryLatvia
CityRiga
Period16/05/1919/05/19

Keywords*

  • business models
  • circular economy
  • sustainable development
  • waste management

Field of Science*

  • 5.2 Economy and Business

Publication Type*

  • 3.1. Articles or chapters in proceedings/scientific books indexed in Web of Science and/or Scopus database

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