Circular Economy Models: Redefining Waste in Sustainable Development
Keywords:
Circular Economy, Sustainable Development, Waste Management, Resource Efficiency, Closed-Loop Systems, Environmental Impact, Economic Growth, Policy Integration, Business StrategiesAbstract
The circular economy (CE) represents a transformative shift in waste management and sustainable development by emphasizing the continuous use of resources and minimizing waste. This paper explores various circular economy models and their effectiveness in redefining waste management practices within the context of sustainable development. We examine case studies from different industries to illustrate how CE principles—such as resource efficiency, closed-loop systems, and waste minimization—are being implemented globally. The analysis highlights the benefits of CE models, including reduced environmental impact, enhanced resource efficiency, and economic growth. Challenges and future directions for integrating circular economy practices into mainstream policy and business strategies are also discussed.