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Circular Economy In Building Sector: Findings For Ukraine

Author

Listed:
  • Marta Vovk

    (Prydniprovska State Academy of Civil Engineering and Architecture, Economic Faculty)

Abstract

Improvement of the performance of the building sector is a question of great importance due to high impact of this sector on the environment. Building sector is responsible for 40% of the natural resources derived from the industrialized countries, 12% of the potable water, 70% of the electricity and the production of 45-65% of the wastes disposed to landfills. The contribution ofbuilding industry to national economy of Ukraine is considerable as it is responsible for 8% of GDP. Around 6% of all employed population is engaged in the Ukrainian building industry. Thus, implementation of effective measures for the development of building sector will significantly contribute to increasing national prosperity. The development of the circular economy is an effective and innovative way of natural resources treatment. It is especially important for the green building in Ukraine but there are a number of challenges for the development of the circular economy in the Ukrainian building industry. Current paper aims at exploring the benefits and challenges of the circular economy for green building development in Ukraine.

Suggested Citation

  • Marta Vovk, 2016. "Circular Economy In Building Sector: Findings For Ukraine," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 11(4), pages 61-72.
    • Handle: RePEc:brv:almnch:v:10:y:2016:i:4:p:61-72
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    File URL: https://fmv.euba.sk/RePEc/brv/almnch/A2016-4.pdf
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    References listed on IDEAS

    as
    1. Mateusz Lewandowski, 2016. "Designing the Business Models for Circular Economy—Towards the Conceptual Framework," Sustainability, MDPI, vol. 8(1), pages 1-28, January.
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    More about this item

    Keywords

    circular economy; green building; recycling; waste treatment;
    All these keywords.

    JEL classification:

    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth

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