Open AccessInvestments to Develop Business Models and Projects in the Circular Economy
Author(s) -
Dzintra Atstāja,
Inga Uvarova,
Darta Kamilla Kambala,
Viktorija Alberte,
Kate Stokmane,
Astrida Gegere–Zetterstroma,
Sandra Kraze,
Galina Zapletnuka
Publication year - 2020
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/578/1/012029
Subject(s) - circular economy , business , investment (military) , natural resource , sustainable development , value (mathematics) , information economy , sustainability , consumption (sociology) , environmentally friendly , economics , economy , natural resource economics , economic system , ecology , social science , machine learning , sociology , politics , political science , computer science , law , biology
The development of a sustainable economy and the efficient use of resources are now playing an increasingly important role in the circular economy. Unlike the linear economy, the economy contributes to keeping the value of products, materials, and resources in the economy as long as possible, while at the same time reducing both waste volume and raw material consumption and their environmental impact. The topicality of the research is illustrated by the limited amount of natural resources, climate change and sustainable economic growth, which is pursued by both countries and companies. It is in the economic interest of society as a whole to use existing resources in the best possible way. In addition, the introduction of the circular economy is expected to open up broad opportunities for economic growth for both businesses and consumers. The transition to a circular economic business model requires investment. Funding can be raised through different types of projects, but there is little or no information available in the public area about where and how to obtain financing for circular economy–related projects and what are the general benefits for the company from environmentally–friendly activities.