The potential of a circular economy and "nature-based solutions" as a possibility to achieve sustainable development

Abstract

Subject. We investigate the potential for integration of ecosystem approaches to "nature-based solutions" and circular economy aimed at sustainable development. Objectives. The focus is on implementation of principles of circular economy and "natural solutions" as important elements of the sustainable development plan. Methods. We employ analytical and logical methods, theoretical and practical issues of sustainable development in the context of concepts of circular and natural economy. Results. We address the evolution of the circular economy concept, emphasize that it cannot support sustainability, if social processes are ignored. The paper explores the intersection points of the circular and green economy. It shows that ecosystem approaches result in environmental, social, and economic benefits. The potential of achieving sustainability through the synergy of "nature-based solutions" and circular business models is demonstrated on the case of reusing urban wastewater. Conclusions. The circular economy cannot be considered as a stage in the "green economy" development. It is important to use them together, when sustainable development strategies are designed. "Natural solutions" provide opportunities for interdisciplinary studies on development and implementation of nature-based solutions, their versatility creates a potential for trade-offs. Cities have a potential to implement sustainable development concepts through the synergy of "natural solutions" and circular business models. Integrated use of the potential of complementary concepts is required.