Abstract
The article reveals the peculiarities of the development of the circular economy in Germany and the perspectives for the implementation of this economic model in Ukraine. Germany positions itself as one of the most ambitious nations in the field of eco-innovation, digitalization, environmental protection and the development of a circular economy. This country develops many patents and projects and has a sufficient number of qualified personnel. There are also strong industrial sector and high standards of safety and environmental protection. Such a meaningful German experience of implementing a new model of circular economy will be useful for Ukraine as well. Ukrainian economy, the social and political spheres need to be reformed, as they now face many problems and crises. The application of the methods and foundations of the circular economy is extremely difficult without foreign intervention and investment. Therefore, it is now necessary at least to get acquainted with and learn from the experience of more developed countries, where the implementation of the circular economy is already a priority. The article analyzes the dependence of emissions of certain substances and carbon dioxide on capital investments in environmental protection in Ukraine. There are also suggestions for solving the problems of pollution by harmful substances through the use of special technologies for capture and storage. The advantages and disadvantages of the transition to a circular economy, possible barriers and obstacles are revealed.
Highlights
Conclusions there are barriers and obstacles to the transition from a traditional linear to a circular economy. They occur at virtually all levels and are often interdependent and include fiscal barriers and operational and technical issues at the corporate level
In Germany, for example, there is a goal of benefiting from the circular economy as a way of aligning environmental goals with greater productivity, innovation, competitiveness and employment
Society as a whole still lacks a common vision of the transition to a circular economy, which describes the main motivation for systemic change, connects it with existing political goals in other policy areas
Summary
Research on this topic describes the circular economy as the key to economic growth through balanced resource consumption. The importance of the circular economy for Germany in the first place is emphasized. The authors share their views on the implementation of this economic model in the world. In Germany, the essence and principles of the circular economy are studied in detail. This theme appears in the works of German authors such as R. ALBA Group makes a significant contribution to understanding what a circular economy is. It details this concept into facts and topics, providing analytical and statistical information
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