THE MAIN TRENDS OF LOGISTICS IN THE CIRCULAR ECONOMY

Ivan Luchian and Traian Doncev
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Ivan Luchian: Moldova State University, Chisinau, Republic of Moldova
Traian Doncev: Most Organic, Cote d'Azur Residence, Burgas, Bulgaria

Journal of Financial and Monetary Economics, 2023, vol. 11, issue 1, 221-229

Abstract: The important environmental problems at the planetary level require the global implementation of a new model of economic activity called the circular economy, which represents a regenerative business model in which resources are used as long as possible. Like any economic model, the circular economy needs an adequate logistic system to ensure its good functioning. Following the adaptation of logistics to the needs of the circular economy, new concepts such as green logistics (eco-logistics), sustainable logistics, and reverse logistics were developed. The application of these concepts involves the application of innovative strategies, technologies, and policies to reduce carbon emissions, energy consumption, waste generation, and other negative environmental impacts associated with the transport and logistics industries. These activities have led to important changes to ensure the sustainability of the entire component supply chain. Also, new concepts of logistics such as green logistics and sustainable logistics appeared, as well as the revision of the composition of reverse logistics.

Keywords: circular economy; green logistics; sustainable logistics; reverse logistics (search for similar items in EconPapers)
JEL-codes: Q01 Q56 (search for similar items in EconPapers)
Date: 2023
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