IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v17y2023i1p1534-1543n50.html
   My bibliography  Save this article

The Relevance of the Circular Economy in the Context of Sustainable Development

Author

Listed:
  • Zăpucioiu Luiza-Florentina

    (1 Bucharest University of Economic Studies, Bucharest, Romania)

  • Sterie Maria-Cristina

    (2 Bucharest University of Economic Studies, Bucharest, Romania)

  • Dimitriu Theodor Anton

    (3 Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Circular economy, the economic model that aims to maximize the use of resources and minimize the impact on the environment by reusing, recycling and encouraging regeneration. Through the SPSS statistical program, estimates are made regarding 3 indicators, the final energy consumption by agriculture and forestry per hectare of used agricultural area, The share of renewable energy in the final gross energy consumption per sector, The recycling rate of municipal waste are needed to be able to identify the direction Romania is heading in the next 10 years. Thus, the final energy consumption by agriculture and forestry per hectare of surface increases from 43.32% in 2021 to 43.32% in 2030, being necessary to adopt new sustainable agricultural practices in order to achieve efficient agriculture by reducing the consumption of energy. According to estimates, the share of recycled municipal waste has increased significantly over the last 20 years, from 1.6% in 2001 to 11.3% in 2021, with Romania expecting to reach 27% by 2030.

Suggested Citation

  • Zăpucioiu Luiza-Florentina & Sterie Maria-Cristina & Dimitriu Theodor Anton, 2023. "The Relevance of the Circular Economy in the Context of Sustainable Development," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 17(1), pages 1534-1543, July.
    • Handle: RePEc:vrs:poicbe:v:17:y:2023:i:1:p:1534-1543:n:50
    DOI: 10.2478/picbe-2023-0138
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2023-0138
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2023-0138?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Valentina Constanta Tudor & Toma Adrian Dinu & Marius Vladu & Dragoș Smedescu & Ionela Mituko Vlad & Eduard Alexandru Dumitru & Cristina Maria Sterie & Carmen Luiza Costuleanu, 2022. "Labour Implications on Agricultural Production in Romania," Sustainability, MDPI, vol. 14(14), pages 1-22, July.
    2. Tiberiu Iancu & Valentina Constanta Tudor & Eduard Alexandru Dumitru & Cristina Maria Sterie & Marius Mihai Micu & Dragos Smedescu & Liviu Marcuta & Elena Tonea & Paula Stoicea & Catalin Vintu & Andy , 2022. "A Scientometric Analysis of Climate Change Adaptation Studies," Sustainability, MDPI, vol. 14(19), pages 1-20, October.
    3. Tiberiu Iancu & Ionuț Laurențiu Petre & Valentina Constanta Tudor & Marius Mihai Micu & Ana Ursu & Florina-Ruxandra Teodorescu & Eduard Alexandru Dumitru, 2022. "A Difficult Pattern to Change in Romania, the Perspective of Socio-Economic Development," Sustainability, MDPI, vol. 14(4), pages 1-29, February.
    4. Mateusz Lewandowski, 2016. "Designing the Business Models for Circular Economy—Towards the Conceptual Framework," Sustainability, MDPI, vol. 8(1), pages 1-28, January.
    5. Pedro Manuel Sousa & Maria João Moreira & Ana Pinto de Moura & Rui Costa Lima & Luís Miguel Cunha, 2021. "Consumer Perception of the Circular Economy Concept Applied to the Food Domain: An Exploratory Approach," Sustainability, MDPI, vol. 13(20), pages 1-20, October.
    6. Eduard Alexandru Dumitru & Ana Ursu & Valentina Constanta Tudor & Marius Mihai Micu, 2021. "Sustainable Development of the Rural Areas from Romania: Development of a Digital Tool to Generate Adapted Solutions at Local Level," Sustainability, MDPI, vol. 13(21), pages 1-18, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Valentina Constanta Tudor & Toma Adrian Dinu & Marius Vladu & Dragoș Smedescu & Ionela Mituko Vlad & Eduard Alexandru Dumitru & Cristina Maria Sterie & Carmen Luiza Costuleanu, 2022. "Labour Implications on Agricultural Production in Romania," Sustainability, MDPI, vol. 14(14), pages 1-22, July.
    2. Pina Puntillo, 2023. "Circular economy business models: Towards achieving sustainable development goals in the waste management sector—Empirical evidence and theoretical implications," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 941-954, March.
    3. Mechthild Donner & Anne Verniquet & Jan Broeze & Katrin Kayser & Hugo de Vries, 2021. "Critical success and risk factors for circular business models valorising agricultural waste and by-products," Post-Print hal-03004851, HAL.
    4. Aleksey I. Shinkevich & Alsu R. Akhmetshina & Ruslan R. Khalilov, 2022. "Development of a Methodology for Forecasting the Sustainable Development of Industry in Russia Based on the Tools of Factor and Discriminant Analysis," Mathematics, MDPI, vol. 10(6), pages 1-16, March.
    5. Jacopo Zotti & Andrea Bigano, 2019. "Write circular economy, read economy’s circularity. How to avoid going in circles," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(2), pages 629-652, July.
    6. Wiebke Reim & David Sjödin & Vinit Parida, 2021. "Circular business model implementation: A capability development case study from the manufacturing industry," Business Strategy and the Environment, Wiley Blackwell, vol. 30(6), pages 2745-2757, September.
    7. Julian Lauten-Weiss & Stephan Ramesohl, 2021. "The Circular Business Framework for Building, Developing and Steering Businesses in the Circular Economy," Sustainability, MDPI, vol. 13(2), pages 1-14, January.
    8. Maurizio Massaro & Francesca Dal Mas & Charbel Jose Chiappetta Jabbour & Carlo Bagnoli, 2020. "Crypto‐economy and new sustainable business models: Reflections and projections using a case study analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(5), pages 2150-2160, September.
    9. Claudia Aparecida De Mattos & Thiago Lourenço Meira De Albuquerque, 2018. "Enabling Factors and Strategies for the Transition Toward a Circular Economy (CE)," Sustainability, MDPI, vol. 10(12), pages 1-18, December.
    10. María E. Aguilar-Fernández & José Ramon Otegi-Olaso, 2018. "Firm Size and the Business Model for Sustainable Innovation," Sustainability, MDPI, vol. 10(12), pages 1-27, December.
    11. Cosmin Alin Popescu & Tiberiu Iancu & Gabriela Popescu & Tabita Adamov & Ramona Ciolac, 2023. "The Impact of Agritourism Activity on the Rural Environment: Findings from an Authentic Agritourist Area—Bukovina, Romania," Sustainability, MDPI, vol. 15(13), pages 1-23, June.
    12. Maria Rosa De Giacomo & Raimund Bleischwitz, 2020. "Business models for environmental sustainability: Contemporary shortcomings and some perspectives," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3352-3369, December.
    13. Rachel Greer & Timo Wirth & Derk Loorbach, 2023. "The Circular Decision-Making Tree: an Operational Framework," Circular Economy and Sustainability,, Springer.
    14. Sylwia Barwicka & Małgorzata Milecka, 2022. "The “Perfect Village” Model as a Result of Research on Transformation of Plant Cover—Case Study of the Puchaczów Commune," Sustainability, MDPI, vol. 14(21), pages 1-22, November.
    15. Nadia Preghenella & Cinzia Battistella, 2021. "Exploring business models for sustainability: A bibliographic investigation of the literature and future research directions," Business Strategy and the Environment, Wiley Blackwell, vol. 30(5), pages 2505-2522, July.
    16. Antonella Zucchella & Pietro Previtali & Roger Strange, 2022. "Proactive and reactive views in the transition towards circular business models. A grounded study in the plastic packaging industry," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 1073-1102, September.
    17. Saja Kosanović & Mirjana Miletić & Ljubo Marković, 2021. "Energy Refurbishment of Family Houses in Serbia in Line with the Principles of Circular Economy," Sustainability, MDPI, vol. 13(10), pages 1-14, May.
    18. Fabio A. Madau & Brunella Arru & Roberto Furesi & Pietro Pulina, 2020. "Insect Farming for Feed and Food Production from a Circular Business Model Perspective," Sustainability, MDPI, vol. 12(13), pages 1-15, July.
    19. Ana Ursu & Ionut Laurentiu Petre, 2022. "Forecasting the Optimal Sustainable Development of the Romanian Ecological Agriculture," Sustainability, MDPI, vol. 14(21), pages 1-23, October.
    20. Marcos Ferasso & Tatiana Beliaeva & Sascha Kraus & Thomas Clauss & Domingo Ribeiro‐Soriano, 2020. "Circular economy business models: The state of research and avenues ahead," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3006-3024, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:17:y:2023:i:1:p:1534-1543:n:50. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.