Circular economy

Javier Cifuentes-Faura

Chapter 14 in Elgar Encyclopedia of Energy Economics, 2025, pp 56-57 from Edward Elgar Publishing

Abstract: A circular economy minimizes waste production while maximizing the value of goods, materials, and resources that are kept in the economy for as long as feasible. An economy that is more resource-efficient, competitive, low-carbon, and sustainable will emerge from the creation of a circular economy. To achieve this circular economy model, it will be necessary to use renewable sources to generate clean energy, reuse raw materials, reuse waste and recycling, and analyze and improve the life cycles of materials to save raw materials and energy for their production and transformation. This entry analyzes the importance of the circular economy for achieving sustainable development and also discusses some of the measures that governments and companies are implementing to achieve these circular economy and clean energy models.

Keywords: Circular Economy; Resources; Reuse; Climate Change; Energy; Sustainability (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035310364
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