EconPapers    
Economics at your fingertips  
 

Circular Economy across Australia: Taking Stock of Progress and Lessons

Anthony Halog (), Raquel Balanay, Sandra Anieke and Tsz Yan Yu
Additional contact information
Anthony Halog: The University of Queensland
Raquel Balanay: Caraga State University
Sandra Anieke: The University of Queensland
Tsz Yan Yu: The University of Queensland

Circular Economy and Sustainability, 2021, vol. 1, issue 1, 283-301

Abstract: Abstract Australia has intensified its circular economy (CE) efforts that demonstrate designing out waste while creating wealth. It has developed eco-industrial parks in metallurgy/metal industries, eco-cities and small-scale waste-to-wealth creation strategies. Mining has taken the lead in CE development with the eco-industrial areas at Kwinana, Western Australia, and Gladstone, Queensland. Easing up the waste burden, eco-efficiency and value addition are the direct benefits of circularizing the economy. Shortsightedness in looking up for opportunities across the supply chain, technological constraints, lack of policy coordination for business innovation, economic recession induced by the COVID-19 pandemic and lack of incentives to change behavior from linear to circular economy are among the barriers pointed out. A systematic review of published literature in Australian context was conducted to assess the state-of-the art circular economy development. We have found that Australia has to look into overcoming the barriers by putting in place policies and guidelines to nurture the current synergies, business relationships and trust among the firms in partnership, and more R & D to meet the demand for complementing technologies and to have cohesion over the current CE strategies, among others.

Keywords: Circular economy; Circularity; Eco-efficiency; Waste-to-wealth creation; Environmental footprints; Australia (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://link.springer.com/10.1007/s43615-021-00020-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:circec:v:1:y:2021:i:1:d:10.1007_s43615-021-00020-5

Ordering information: This journal article can be ordered from
https://www.springer.com/journal/43615

DOI: 10.1007/s43615-021-00020-5

Access Statistics for this article

More articles in Circular Economy and Sustainability from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-20
Handle: RePEc:spr:circec:v:1:y:2021:i:1:d:10.1007_s43615-021-00020-5