The article "The Circular Economy – A New Sustainability Paradigm?" by Geissdoerfer et al. explores the relationship between the concepts of sustainability and the Circular Economy, which are gaining traction in academia, industry, and policymaking. The authors aim to provide conceptual clarity by distinguishing and synthesizing the similarities and differences between these two concepts. They conducted a comprehensive literature review using bibliometric analysis and snowballing techniques to investigate the state of the field and identify the most evident similarities and differences.
The Circular Economy, an emerging concept, emphasizes the minimization of resource inputs, waste, emissions, and energy leakage through closed-loop systems. It is often seen as a necessary condition for sustainable development, offering economic, environmental, and social benefits. Sustainability, on the other hand, is a broader concept that encompasses the balanced integration of economic, social, and environmental performance to benefit current and future generations. While both concepts share a global perspective and a focus on integrating non-economic aspects, they differ in their origins, goals, motivations, institutionalization, and timeframes.
The authors found that the Circular Economy is viewed as a condition for sustainability, a beneficial relation, or a trade-off in literature. They identified eight different relationship types between the two concepts, including subset relationships, which allow for diversity and the combination of complementary strategies. The study highlights the need for a more holistic approach to sustainability, integrating social considerations, and suggests that the Circular Economy might be more attractive to policymakers and private businesses due to its narrow focus on economic benefits and simplified environmental perspectives.
The research concludes by defining the Circular Economy and sustainability, emphasizing the importance of understanding their relationship to promote social inclusion, environmental resilience, and economic prosperity. The authors also discuss the limitations of their methodology and suggest future research directions, including the impact of Circular Economy initiatives and their influence on supply chains, business models, and innovation systems.The article "The Circular Economy – A New Sustainability Paradigm?" by Geissdoerfer et al. explores the relationship between the concepts of sustainability and the Circular Economy, which are gaining traction in academia, industry, and policymaking. The authors aim to provide conceptual clarity by distinguishing and synthesizing the similarities and differences between these two concepts. They conducted a comprehensive literature review using bibliometric analysis and snowballing techniques to investigate the state of the field and identify the most evident similarities and differences.
The Circular Economy, an emerging concept, emphasizes the minimization of resource inputs, waste, emissions, and energy leakage through closed-loop systems. It is often seen as a necessary condition for sustainable development, offering economic, environmental, and social benefits. Sustainability, on the other hand, is a broader concept that encompasses the balanced integration of economic, social, and environmental performance to benefit current and future generations. While both concepts share a global perspective and a focus on integrating non-economic aspects, they differ in their origins, goals, motivations, institutionalization, and timeframes.
The authors found that the Circular Economy is viewed as a condition for sustainability, a beneficial relation, or a trade-off in literature. They identified eight different relationship types between the two concepts, including subset relationships, which allow for diversity and the combination of complementary strategies. The study highlights the need for a more holistic approach to sustainability, integrating social considerations, and suggests that the Circular Economy might be more attractive to policymakers and private businesses due to its narrow focus on economic benefits and simplified environmental perspectives.
The research concludes by defining the Circular Economy and sustainability, emphasizing the importance of understanding their relationship to promote social inclusion, environmental resilience, and economic prosperity. The authors also discuss the limitations of their methodology and suggest future research directions, including the impact of Circular Economy initiatives and their influence on supply chains, business models, and innovation systems.