Circular Economy Practices: Bridging the Gap Between Environmental Sustainability and Economic Growth
Keywords:
Circular economy, sustainability, resource efficiency, recycling, waste reduction, economic growth, business models, innovation, environmental impact, and regenerative systems.Abstract
The circular economy (CE) model offers a transformative approach that emphasizes sustainability, resource efficiency, and long-term economic growth. By promoting the reuse, recycling, and regeneration of resources, CE practices reduce environmental impact and drive economic innovation. This paper explores how CE practices act as a bridge between environmental sustainability and economic growth, outlining key principles, case studies, and challenges associated with the transition to a circular economy. Ultimately, the research emphasizes that while CE presents substantial opportunities, there is a need for systemic change across industries, supported by governmental policies and global collaboration.