Abstract
As the world faces the detrimental effects of humanity on the environment, the circular economy has started receiving a lot of attention as a tool to keep the value of resources. Although in Europe, circular economy principles have become a trend much earlier, CACs still face challenges in adopting them. The current research aims to review the available literature on sustainability, green economy, and circularity development through the adoption of political, industrial, and financial instruments, followed by an assessment of the barriers and opportunities to circular economy development in the CACs. The novelty of this research lies in the systematic review of different state-of-the-art data resources (journal papers, policies, news, and reports) of CACs by different categories: policy regulations, energy, waste, education, water, and agriculture. This research addresses that the CACs have similar circular economy development barriers (e.g., wide use of fossil fuels, water shortage, and lack of effective waste management) and opportunities (e.g., orientation towards sustainable development, foreign cooperation, and green financing). Therefore, performing effective strategic plans that are already directed to circularity, ensuring stakeholders’ involvement, and providing sufficient funding could benefit their circular economy development.