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

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

Open Access
|Jul 2023

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.

Language: English
Page range: 1534 - 1543
Published on: Jul 14, 2023
Published by: The Bucharest University of Economic Studies
In partnership with: Paradigm Publishing Services
Publication frequency: 1 times per year

© 2023 Luiza-Florentina Zăpucioiu, Maria-Cristina Sterie, Theodor Anton Dimitriu, published by The Bucharest University of Economic Studies
This work is licensed under the Creative Commons Attribution 4.0 License.