Circular Economy and Sustainability as a Basis for Economic Recovery Post-COVID-19

Abstract

The global COVID-19 crisis has led to a reduction in productive and commercial activity, as well as in the use of transport, which has led to a notable decrease in pollution levels. The paralysis of economic activity requires the commitment of government policies to impose economic recovery laws based on sustainability. The aim of this paper is to briefly review the situation that COVID-19 has caused in the environment and sustainability. In addition, a critical view of it is provided, and possible solutions for a sustainable economic reconstruction are offered. The coronavirus is revealing the fragility of the current economic system, based on profit and continuous consumption of resources. This model generates many problems such as pollution, contribution to climate change, loss of biodiversity or unfair distribution of wealth. This must be an opportunity to redefine the social purpose of business and help generate a sustainable world through economic policies. For economic recovery, a plan oriented towards energy and ecological transition and based on the circular economy must be followed.