Abstract

The global challenge facing the modern world is to reduce human pressure on the environment while ensuring a high life quality and competitiveness of economies. The circular economy concept, which has recently become more popular, can be perceived as an approach that supports the achievement of sustainable development goals. The transition to a circular economy is an opportunity to create a low-carbon, resource-efficient, competitive economy and finally become climate-neutral (European Commission 2015; 2020). However, the dynamic growth of the world population, global consumption, and production are sources of the extremely high demand for natural resources, problems with waste growth, intensive greenhouse gas emissions, as well as the alarming climate change, which has resulted in the intensification of extreme climate phenomena (IPCC, 2013; Below and Wallemacq 2018).