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Circular Economy and Sustainability as a Basis for Economic Recovery Post-COVID-19

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  • Javier Cifuentes-Faura

    (University of Murcia)

Abstract

The global COVID-19 crisis has led to a reduction in productive and commercial activity, as well as in the use of transport, which has led to a notable decrease in pollution levels. The paralysis of economic activity requires the commitment of government policies to impose economic recovery laws based on sustainability. The aim of this paper is to briefly review the situation that COVID-19 has caused in the environment and sustainability. In addition, a critical view of it is provided, and possible solutions for a sustainable economic reconstruction are offered. The coronavirus is revealing the fragility of the current economic system, based on profit and continuous consumption of resources. This model generates many problems such as pollution, contribution to climate change, loss of biodiversity or unfair distribution of wealth. This must be an opportunity to redefine the social purpose of business and help generate a sustainable world through economic policies. For economic recovery, a plan oriented towards energy and ecological transition and based on the circular economy must be followed.

Suggested Citation

  • Javier Cifuentes-Faura, 2022. "Circular Economy and Sustainability as a Basis for Economic Recovery Post-COVID-19," Circular Economy and Sustainability, Springer, vol. 2(1), pages 1-7, March.
    • Handle: RePEc:spr:circec:v:2:y:2022:i:1:d:10.1007_s43615-021-00065-6
    DOI: 10.1007/s43615-021-00065-6
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    References listed on IDEAS

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    1. Carmen Nadia CIOCOIU, 2011. "Integrating Digital Economy And Green Economy: Opportunities For Sustainable Development," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 6(1), pages 33-43, February.
    2. Sabina Scarpellini & Pilar Portillo-Tarragona & Alfonso Aranda-Usón & Fernando Llena-Macarulla, 2019. "Definition and measurement of the circular economy’s regional impact," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 62(13), pages 2211-2237, November.
    3. Sundaram, Jomo Kwame, 2020. "Un Nuevo Acuerdo Verde Global (Global Green New Deal) para un desarrollo sostenible," El Trimestre Económico, Fondo de Cultura Económica, vol. 87(345), pages 279-291, enero-mar.
    4. Javier Cifuentes-Faura, 2021. "Analysis of containment measures and economic policies arising from COVID-19 in the European Union," International Review of Applied Economics, Taylor & Francis Journals, vol. 35(2), pages 242-255, March.
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    Citations

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    Cited by:

    1. Simionescu, Mihaela & Radulescu, Magdalena & Cifuentes-Faura, Javier, 2024. "The role of natural resources rents and e-government in achieving sustainable development in the European Union," Resources Policy, Elsevier, vol. 97(C).
    2. Cifuentes-Faura, Javier & Mohammed, Kamel Si & Alofaysan, Hind, 2024. "The connectedness and structural changes among green and conventional energy markets with CO2 emissions in the United States," Economic Analysis and Policy, Elsevier, vol. 83(C), pages 80-94.
    3. Karimi, Sina & Samadzad, Mahdi & Lesteven, Gaele, 2024. "Navigating public transport during a pandemic: Key lessons on travel behavior and social equity from two surveys in Tehran," Transportation Research Part A: Policy and Practice, Elsevier, vol. 184(C).
    4. Uche, Emmanuel & Ngepah, Nicholas & Cifuentes-Faura, Javier, 2023. "Upholding the green agenda of COP27 through publicly funded R&D on energy efficiencies, renewables, nuclear and power storage technologies," Technology in Society, Elsevier, vol. 75(C).
    5. Simionescu, Mihaela & Radulescu, Magdalena & Cifuentes-Faura, Javier & Balsalobre-Lorente, Daniel, 2023. "The role of renewable energy policies in TACKLING energy poverty in the European UNION," Energy Policy, Elsevier, vol. 183(C).

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