Circular bioeconomics: conceptual aspects

2021

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DOI 10.21003/ea.v193-05
Data confidence 70 medium
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Abstract

Сircular bioeconomics offers a conceptual framework for harnessing and managing renewable natural capital in the use of land, food, health care and industrial systems to achieve sustainable well-being in harmony with nature. This article considers a circular bioeconomy as more efficient than the traditional linear economy. Concepts that can break the causal relationship between economic progress and environmental degradation, when the destruction of nature will not be an obligatory price for further building up the economic potential of the country, the region and the world as a whole are considered in our research.