<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The article analyzes the indicators and dynamics in a global circular economy. The methodological bases of the study are the fundamental provisions of the closed-loop economy model. Structural-functional method, historical and logical method, comparative analysis, intuitive forecasting, graphical and tabular, method of induction and deduction are used in the article. It is revealed that the development of the circular economy model is characterized by such trends as the responsibility of packaging companies for the final life of materials; development of chemical processing on a commercial scale; material footprint reduction by reducing the level of household, enterprises and the other economic agents’ consumption. It is proved that the introduction of the circular economy model will help to increase GDP and average employment and to reduce greenhouse gas emissions. It has been established that the European Union’s Ecodesign Directive, the Environmental Management and Audit Scheme (EMAS), the Environmental Choice Program, the TCO Certified, etc. play an important role in encouraging business and the public to take environmental issues into account.</p>
</abstract>

The article analyzes the indicators and dynamics in a global circular economy. The methodological bases of the study are the fundamental provisions of the closed-loop economy model. Structural-functional method, historical and logical method, comparative analysis, intuitive forecasting, graphical and tabular, method of induction and deduction are used in the article. It is revealed that the development of the circular economy model is characterized by such trends as the responsibility of packaging companies for the final life of materials; development of chemical processing on a commercial scale; material footprint reduction by reducing the level of household, enterprises and the other economic agents’ consumption. It is proved that the introduction of the circular economy model will help to increase GDP and average employment and to reduce greenhouse gas emissions. It has been established that the European Union’s Ecodesign Directive, the Environmental Management and Audit Scheme (EMAS), the Environmental Choice Program, the TCO Certified, etc. play an important role in encouraging business and the public to take environmental issues into account.

Trends in a Global Circular Economy

PhD in Economics, Associate Professor, West Ukrainian National University 37

Doctor of Economics, Professor, Vasyl’ Stus Donetsk National University 21

Doctor of Economics, Associate Professor, West Ukrainian National University 37

Management Theory and Studies for Rural Business and Infrastructure Development

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Trends in a Global Circular Economy"}

The article analyzes the indicators and dynamics in a global circular economy. The methodological bases of the study are the fundamental provisions of the...

Trends in a Global Circular Economy

Published Online: Jul 20, 2022

Page range: 176 - 184

Received: Mar 15, 2022

Accepted: Apr 26, 2022

DOI: https://doi.org/10.15544/mts.2022.18

Keywords
circular economy model, extended producer responsibility, greenhouse gas emissions, material footprint, trends

© 2022 Viktoriia Roleders et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Trends in a Global Circular Economy

Published Online: Jul 20, 2022

Page range: 176 - 184

Received: Mar 15, 2022

Accepted: Apr 26, 2022

DOI: https://doi.org/10.15544/mts.2022.18

Keywordscircular economy model, extended producer responsibility, greenhouse gas emissions, material footprint, trends

© 2022 Viktoriia Roleders et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
circular economy model, extended producer responsibility, greenhouse gas emissions, material footprint, trends