Analyzing waste management with respect to circular economy

Abstract

The term 'Circular Economy" (CE) currently is very popular with economists and on the political agenda. Policy makers, academics and world business leaders emphasize that moving towards a circular economy has a crucial importance in solving global environmental and economic problems. In this present paper, we intend to highlight the most important notions of (CE) with respect to waste management. Before we analyze the key concepts of circular economy, it is important to review the development and major events of the past in connection with global environmental challenges. The paper presents the possibilities of circular economy by reviewing specialist literature and analyzing data. The data of the Eurostat were used for evaluation. Conclusions are drawn on the basis of facts and analyses that could help understand the necessity and development of circular economy.