Circular Economy and Sustainable Development: A Review and Research Agenda

Abstract

This paper provides a comprehensive review of the intersection between the Circular Economy (CE) and Sustainable Development (SD), elucidating their synergistic potential in addressing pressing global challenges. The CE paradigm, emphasizing resource efficiency, waste reduction, and regenerative practices, aligns seamlessly with the goals of SD, which seeks to harmonize economic prosperity, social equity, and environmental integrity. Through an extensive literature survey, this review synthesizes key principles, successful case studies, and policy frameworks that exemplify the symbiotic relationship between CE and SD. Moreover, this paper proposes a research agenda to further propel this critical discourse. Areas of focus include refined assessment methodologies, innovative policy interventions, and in-depth industry case studies. Additionally, attention is directed towards understanding consumer behavior and technological advancements that underpin the successful integration of CE practices. Through this multi-dimensional exploration, the paper aims to provide a roadmap for scholars, policymakers, and practitioners to navigate the terrain of CE and SD, fostering a more sustainable and inclusive future.