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Circular economy: Implementing a small-scale project in a rural area

Author

Listed:
  • Dream D. Cazzaniga
  • Giulia Detomati

Abstract

The Circular Economy (CE) is one of the most recent theoretical framework for identi-fying sustainable solutions to the environmental threats posed by our economic system. In certain countries, both the private and public sectors have increasingly introduced this concept into their strategies and policies. Despite the widespread consensus and outreach of this model, there are still some key issues to be addressed in relation to project implementation and assessment. Through the analysis of a small-scale project in Northern Italy, the authors have chosen a practical case study to highlight a number of the main perspectives on how to operationalize CE. In particular, they provide an analysis of the project methods and results in order to understand the winning choices as well as the major constraints in putting the model in practice. In the conclusion the authors identify certain areas of intervention to be considered for effective implementation and enduring systemic change. Some measurement and monitoring instruments are also suggested to facilitate the achievement of the CE?s overarching goals in the long-term.

Suggested Citation

  • Dream D. Cazzaniga & Giulia Detomati, 2017. "Circular economy: Implementing a small-scale project in a rural area," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2017(1-2), pages 191-217.
  • Handle: RePEc:fan:efeefe:v:html10.3280/efe2017-001010
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    References listed on IDEAS

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    1. Kui ZHOU & Dominique BONET FERNANDEZ & Chengcheng WAN & Akumba DENIS & Gael-Miguel JUILLARD, 2014. "A Study on Circular Economy Implementation in China," Working Papers 2014-312, Department of Research, Ipag Business School.
    2. Heshmati, Almas, 2015. "A Review of the Circular Economy and its Implementation," IZA Discussion Papers 9611, Institute of Labor Economics (IZA).
    3. Fenna Blomsma & Geraldine Brennan, 2017. "The Emergence of Circular Economy: A New Framing Around Prolonging Resource Productivity," Journal of Industrial Ecology, Yale University, vol. 21(3), pages 603-614, June.
    4. Krystyna A. Stave, 2002. "Using system dynamics to improve public participation in environmental decisions," System Dynamics Review, System Dynamics Society, vol. 18(2), pages 139-167, June.
    5. Korhonen, Jouni & Honkasalo, Antero & Seppälä, Jyri, 2018. "Circular Economy: The Concept and its Limitations," Ecological Economics, Elsevier, vol. 143(C), pages 37-46.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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