Abstract
The feature of the circular economy is the restorative and closed nature of the production cycle with the “green” nature-like technologies application which reduce greenhouse gas emissions, slow down the temperature rise on the planet and preserve the environment. The circular economy approaches correspond to the concept of goal-setting of the United Nations Organization in the mainstream of sustainable socio-economic development and are widely used in the countries of the European Union. As a part of their research, scientists have defined a circular economy as the economy which involves the total multiple processing of the resources applied and provides energy savings. In this regard, the circular economy is called “green”, i.e. preserving the natural resources of the planet and the environment on the basis of information technology. Currently, there is enough evidence that circularity has begun to permeate linear economics and that innovative products and contracts are already available in various forms.
Highlights
The tendencies of humanization and human-centricity in the development of socio-economic systems of different levels are becoming fundamental [1, 2]
Research conducted by the Ellen MacArthur Fund has provided enough evidence that circularity has begun to permeate into linear economics and that it has gone beyond a proof of concept - a number of businesses are already flourishing on it, and politicians are recognizing the economy's circular potential to achieve key political goals
Innovative and technological orientation, rational nature management, humanitarian maintenance and the reduction of such global environmental threats as global warming and waste pollution of water, soil and air are considered to be the main advantages of the circular economy
Summary
The tendencies of humanization and human-centricity in the development of socio-economic systems of different levels are becoming fundamental [1, 2]. The protection of the environment and the fighting against climate change were the main questions in the field of sustainable development. The lack of universally introduced environmentally neutral technologies causes pollution of the atmosphere, water bodies, as well as the increase of waste production [3, 4]. In this regard, the disturbance of natural balance occurs, what will call into question the further development and prosperity of mankind
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