Circular economy as a mechanism to reduce environmental pollution and support sustainable development

Authors

  • Samia Mohammed Mukhtar Department of Economics, The Libyan Academy, Tripoli, Libya. Author
  • Amal Salh Kreed Department of Economics, Faculty of Economics, Zawia University, Libya. Author

DOI:

https://doi.org/10.54172/qvy22k21

Keywords:

Circular Economy, Environmental, Recycling, Traditional Economy, Sustainable Development

Abstract

The study aims to highlight the role that the circular economy can play to achieve actual sustainable development by addressing the most important contributions it makes by reducing the risks posed by waste to the environment and sustainability of countries, and converting (recycling) waste from a burden to an economic resource that leads to create added value for the economy. The study relied on the inductive-deductive approach to take note of the contribution of the circular economy to promoting sustainable development, especially the environmental and economic ones, and to monitor the most important challenges facing countries in developing a national policy regarding the continuity of sustainability in the treatment and recycling of waste. The study concluded that the circular economy possesses the capabilities that enable it to eliminate the defects of the traditional economy based on “extracting resources to manufacture products.

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Published

2023-12-31

Issue

Section

Articles

How to Cite

Circular economy as a mechanism to reduce environmental pollution and support sustainable development. (2023). Al-Mukhtar Journal of Economic Sciences, 10(2), 58-72. https://doi.org/10.54172/qvy22k21

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