Читать книгу Circular economy in action: Regional adaptation of global strategies. The case of Georgia - - Страница 3

The concept of CE is gaining increasing significance in developed economies as they face challenges such as resource depletion, waste accumulation, and growing environmental concerns. The objective of this section is to understand CE through examples given by leading countries in this sphere, which have huge experience in the elaboration and implementation of sustainable economic models. Examples include the USA, EU member states, Australia, Canada, Andorra, South Korea, and Japan-all of which actively develop and promote circular principles through various government programs, legislative initiatives, and corporate strategies. The review of successful strategies shows how CE contributes to resilience enhancement and competitiveness at both the national and global market level.

These countries have realized that a transition to the CE can help improve resource scarcity, economic growth, reduced environmental impact, and uncover new economic avenues. For example, ambitious EU targets for recycling, waste reduction, and sustainable production are driving significant changes in EU industries from construction and manufacturing to consumer goods. The advance in the recycling system of Japan, fully encompassing all that waste management is, illustrates that a country has integrated circulatory into the national strategies toward reduction of ecological footprints, raising the bar in sustainability. Indeed, these examples prove that CE works in real life and therefore can become one of the ways of economic strengthening. It creates new jobs, develops an innovative technology and service sector, and ensures the long run of industries by making them independent from raw materials and energy.

As these countries keep emerging at the forefront in circular practices, their experiences provide useful lessons and frameworks for other emerging economies seeking to adopt similar models for sustainable development.