Sustainable Development: Waste Recycling and Circular Economy

The urgency of the problem associated with the implementation of ensuring the transition to rational models of consumption and production, in particular by significantly reducing the volume of waste by taking measures to prevent their formation, reduction, recycling and reuse is shown in the paper. Attention is being paid to the need to move towards an economy that is resource efficient, low-carbon and climate-resilient. The development of such an economy represents a new global challenge for achieving sustainable and inclusive growth. Projects aimed at the development of a closed-cycle economy and rational waste processing are being considered. It is concluded that there is a need for a paradigm shift that will lead to a new industrial policy aimed at ensuring sustainability and innovation that can force us to rethink the model of consumption and business. The circular economy is one of the main development models for the coming years, reducing environmental impact, combining the needs of sustainable growth and combating waste with the needs of competitiveness and innovation.