The main task of the article is to research the role of balanced environmental management in the construction of a circular model of the European countries’ economy by using environmental and economic markers. It determines the level of environmental pollution and other environmental problems, including those caused by resource waste. It proposes a technological method of wastewater treatment from estrogen, microplastic particles and oil by using iron oxide. The rate of population for which secondary wastewater treatment is available and its importance for water efficiency under the conditions of significant water crisis in Europe was determined. The paper identifies the main indicators of economic losses of European countries that depend on climate change, because the weather anomalies have a significant impact on economic processes. It studies the dynamics of changes in the area of forested land according to FAO of the European G7 members, the current potential of forest resources of Ukraine and identifies the necessity of systematic electronic wood accounting. It is established that in the EU countries the practice of returning many types of raw materials to production after waste processing has long been accepted, and the need for the fastest possible introduction of innovative processing technologies is identified. Mathematical formulas for calculating the coefficient of cyclicality, circular use of materials and establishes the level of using cyclical materials by European manufacturers are derived. It is established that to identify the efficiency and dynamism of waste transformation, it is appropriate to use an indicator that measures the fraction of recycled household waste in the total volume of its generation. The article establishes the share of fossil fuels in the total available energy of European countries and analyses the dynamics of primary energy consumption based on the example of the Scandinavian countries. It identifies the level of revenues from environmental taxes in most European countries and their importance for the circular economy. It is recommended for Ukraine to study and use the experience of the European Union countries for construction its own model of circular economy based on the principles of balanced nature management and sustainable development.
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