IMPLEMENTATION OF CIRCULAR ECONOMY APPROACHES IN THE TERRITORIAL COMMUNITIES OF THE REGION

Abstract

At the current rapid growth of world’s consumption, it is obvious that the model of a linear economy with the creation of products, the use of these products, and then their disposal, without taking into account environmental, social, and economic consequences is a losing approach. The concept of households where nothing is lost, where waste becomes an asset and no value remains non-renewable, where all products are restored and reused after use and, finally, processed. The European Commission has hopes for the introduction of a circular economy, where the value of products, materials, and resources is stored in the economy as long as possible, and the waste generation is minimized for a significant contribution to the EU effort to develop a constant, low-carbon, resource-efficient and competitive economy [1]. Implemented in the European Union, the concept of a closed cycle economy (or a zero-waste economy) determines that production and consumption systems need fundamental transformations in order to be sustainable and reach by 2050 the goals of life within the limits of the capabilities of our planet