The Circular Economy: European Situation and Responses
13 Pages Posted: 18 May 2020
Date Written: April 15, 2020
Abstract
The actual economic system can't support future population increases because it's based on linear economies with "take-make-dispose" principles. Resources are limited and are overexploited. In this way, they will end and sustainable principles alone aren't sufficient, even if people are more consciuous of sustainability relevance today.
Here, we can see the relevance of Circular economy, a new concept that was born in the last years. It's a useful instrument that can be used tounderstand what is happening worldwide, highlighting the importance of recycling and of giving a second chance to products that are ending their product life cycle.
This paper is mainly focused on the current situation of the European Union. It describes what has been done until today and explains which are future challenges. It also proposes some solutions that can be implemented.
Keywords: circular economy, recycling, waste, european union
JEL Classification: Q53, Q56
Suggested Citation: Suggested Citation