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The Circular Economy – A Lever for the Transition to Sustainable Consumption

Author

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  • Vania Ivanova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

In the newly adopted ambitious strategy of the EU – European Green Pact, economic growth, fair ecological transition, resource efficient and low carbon economy are the key focuses for development in the next decade. Building on the UN’s new Sustainable Development Goals (SDGs), this transformation goes through a complete change in the business models of companies and households. The aim of this paper is to show the possibility of the circular economy concept becoming a lever for a transition towards sustainable consumption. The relationship between household waste generation and economic growth in Bulgaria and France is investigated. Practices of food waste prevention and efficient reuse are shown. Full secondary data and descriptive analysis are used. The results show an existing significant potential to reduce the proportion of household waste, increase reuse. Certain deficits in the regulatory and institutional framework in Bulgaria are also highlighted.

Suggested Citation

  • Vania Ivanova, 2022. "The Circular Economy – A Lever for the Transition to Sustainable Consumption," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 223-243, July.
    • Handle: RePEc:nwe:natrud:y:2022:i:2:p:223-243
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    File URL: http://unwe-research-papers.org/bg/journalissues/article/10520
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    More about this item

    Keywords

    circular economy; municipal waste management; sustainable consumption; food waste;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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