Green Circular Economy: A New Paradigm for Sustainable Development (Circular Economy and Sustainability)

✍ Scribed by Pardeep Singh (editor), Anamika Yadav (editor), Indranil Chowdhury (editor), Ravindra Pratap Singh (editor)

• Publisher: Springer
• Year: 2023
• Tongue: English
• Leaves: 306
• Category: Library

✦ Synopsis

This book highlights the concepts, issues and policies related to the circular economy. The chapters of this book are designed to include the theoretical approach to the green circular economy, sustainable supply chain and challenges in the green circular economy. The book is a step towards designing sustainable circular economy embedded production and management practices. This book also addresses the capability of green-lean productions and a circular economy to improve resource efficiency and address environmental sustainability issues.
Environmental sustainability is a hot topic in politics, science, and industry. There is a need to achieve economic, social, and environmental sustainability goals through adaptations of the green circular economy, which can help minimize greenhouse gas emissions, toxic pollutant releases, waste and energy and resource usage by employing renewable energy concepts and recyclable materials. The production processes must be resource-efficient and environmentally friendly, including green-lean manufacturing. Adopting a circular economy in manufacturing is less evident than green-lean management. However, systematic strategies to bridge this gap have yet to be devised.
There is an urgent need to fully explore the Circular Economy concept to attain resource and environmental goals for the sustainability of the environment in the present era of global climate change. Its framework's powerful strategies need to solve the problem created by linear economic growth through industrialization and gross economic growth. There is a need to improve the sustainability management capabilities in the manufacturing and industrial sector to support the circular economy and a need to examine the impact of green human resource management. This book proposes the combined approach of green-lean solutions and a green circular economy. Through this book, we try to produce the content and information ina compiled form to give the audience an understanding of the circular economy concept framework and challenges.

✦ Table of Contents

Contents
1 Circular Economy Aspirations: Three Strategies in Search of a Direction
1.1 Introduction
1.2 What Does the Circular Economy Mean?
1.2.1 Working Definitions of the CE in the US, EU, and China
1.3 The CE from a Policy Perspective
1.4 EU's CE Policy
1.5 Chinese CE Policies
1.6 CE Meso-Level Experiments – Eco-Industrial Parks
1.6.1 Limitations of Eco-Industrial Parks
1.7 Conclusion
References
2 The Environment Value System and Green Circular Economy
2.1 Introduction
2.2 Benefits of the Circular Economy
2.2.1 Environmental Benefits
2.2.2 Social Benefits
2.2.3 Economic Benefits
2.3 The Cost of No Action
2.4 Environmental Externalities
2.4.1 Internalisation of Externalities
2.4.2 Methods to Quantify Environmental Value in Monetary Terms
2.4.2.1 Contingent Valuation Method
2.4.2.2 Analytic Multicriteria Valuation Method
2.4.2.3 Demand Curves: Econometric Modelling and Mathematical Programming
2.4.2.4 Travel Cost Method
2.4.2.5 Hedonic Price Method
2.4.2.6 Choice Experiment Method
2.4.2.7 Shadow Prices
2.4.2.8 Cost-Benefit Ratio
2.5 Conclusions
References
3 Circular Economy and Sustainable Production and Consumption
3.1 Introduction
3.1.1 Why Circular Economy?
3.2 Principles of Circular Economy
3.3 Circular Economy in the Agricultural Sector
3.4 How Circular Economy Supports Sustainable Development
3.4.1 Cradle-to-Cradle
3.4.2 Performance Economy
3.5 Challenges in Circular Economy
3.5.1 Waste Treatment Infrastructure
3.5.2 Convenience-Oriented
3.5.3 The Current Recycling Technology
3.5.4 The Business Frameworks
3.5.5 Energy System Transformation
3.6 Challenges to Implementing Circular Economy in India
3.7 Limitations of Circular Economy
3.8 Recent Initiatives in Circular Economy
3.9 Conclusions
References
4 Green Human Resource Management and Circular Economy
4.1 Introduction
4.2 Circular Vs. Linear Economy
4.3 Circular Economy and Green Jobs
4.4 Green Thinking for Circular Economic Growth
4.5 Employee Participation in Green HR Practices for Circular Economy Growth
4.6 Green Human Resources Management and Sustainable Business Solution
4.7 Green Human Resources Management Techniques for Circular Sustainable Economy
4.7.1 Selection and Hiring
4.7.2 Training and Growth
4.7.3 Pay and Benefits
4.8 Conclusion and Future Perspectives
References
5 Economies of Scale in Green Circular Economies
5.1 Introduction
5.2 Status of Water Resources
5.3 Assessing the Economies of Scale in the Wastewater Treatment Sector
5.3.1 Existing Methodologies to Assess the Existence of Economies of Scale
5.3.2 Empirical Approach
5.3.2.1 Efficiency Analysis of Wastewater Treatment Plants
5.3.2.2 Link Between Process Efficiency, Nutrients Recovery and Economies of Scale
5.3.2.3 Potentialities of Wastewater Treatment Process within the Circular Economy Framework
5.4 Conclusions
References
6 Temporal Study of the Interrelationship Between Economics and Environmental Degradation
6.1 Introduction
6.2 Pre-history (Stone Age)
6.2.1 Hunter-Gatherer Societies (HGS)
6.2.2 Neolithic Revolution
6.3 Pre-industrial
6.4 Industrial Age
6.5 Information Age
6.6 Conclusion
References
7 Cities as Emerging Centers in a Circular Economy:An Assessment of Indian Cities
7.1 Introduction
7.2 Role of Cities in Circular Economy
7.2.1 The RESOLVE Framework
7.2.2 The Circular City Framework
7.3 Assessing Indian Cities for Circularity
7.3.1 SDG 11 and Sustainable Cities in India
7.3.2 Policies and Schemes for Promoting Circularity in Indian Cities
7.3.3 Initiatives for Circular Actions
7.3.4 Initiatives for Supporting Actions
7.4 Concluding Remarks
References
8 Trade and Management of Waste
8.1 Introduction
8.2 A Literature Review of the Economics of Waste Trade
8.3 Trends in the Generation, Processing and Trading of Waste
8.4 The Plastic Waste Industry and Trade
8.5 Some Concluding Remarks
References
9 Carbon Emission from Liquid Fuel and Pollution HavenHypothesis
9.1 Introduction
9.1.1 Financial Development, Energy Consumption, and Carbon Emission
9.1.2 FDI, Trade, Carbon Emission, and Pollution Haven Hypothesis
9.1.3 Conceptual Framework
9.1.4 Result Summary
9.2 Data
9.2.1 Summary Statistics and Distribution
9.2.2 Bivariate Relationship Between Variables of Interest
9.2.3 Relationship Between Emission and Income Across Distribution
9.3 Unit Root Test
9.4 Methodology
9.4.1 Panel ARDL (Pooled Mean Group Estimator)
9.4.2 Panel Quantile Regression with Fixed Effects
9.4.3 Fixed Effect and Threshold Fixed Effect Regression
9.5 Results and Analysis
9.5.1 Pooled Mean Group Estimator (Panel ARDL)
9.5.2 Quantile Regression
9.5.3 Panel Fixed Effect Regression
9.5.4 Threshold Panel Regression with Fixed Effects
9.5.5 High-Income Countries When They Had Low Income
9.6 Concluding Remarks
Appendix
List of Countries
High-Income Countries Based on World Bank Classification
Results
References
10 The Development Practice and Reform Optimization Path of Green Circular Economy in Erhai Lake of China
10.1 Introduction
10.2 Introduction to Erhai Lake Basin
10.2.1 General Situation of Natural Environment in Erhai Lake Basin
10.2.2 General Situation of Social and Economic in Erhai Lake Basin
10.2.3 The General Situation of Green Circulation Development in Erhai Lake Basin
10.3 The Main Problems Existing in the Development of Green Circular Economy
10.3.1 Large Gap in Local Governance Funding
10.3.2 Local Government Governance Is Inefficient
10.3.3 Green and Circular Economic Linkage Is Insufficient
10.3.4 Low Degree of Marketization
10.3.5 The Tourist Market Is in Chaos
10.3.6 Agricultural Non-point Sources and Domestic Pollution Are Serious
10.4 Innovative Ideas to Further Enhance the Green Circular Economy in Erhai Lake Basin
10.4.1 Design of Linkage Mechanism Based on Cross-regional Green Circular Development
10.4.2 Selection of Cross-regional Green Circular Economy Linkage Marketization Tools
10.4.3 Optimize the Industrial Structure of the Basin
10.5 Conclusion
Bibliography
11 Recent Trends in Biohydrogen Economy: Challenges and Future Perspectives
11.1 Introduction
11.2 Sources for Biohydrogen Production
11.3 Key Technologies for Biohydrogen Production
11.3.1 Fermentation
11.3.1.1 Photofermentation (PF)
11.3.1.2 Dark Fermentation (DF)
11.3.1.3 Integrated Dark and Photo Fermentation
11.3.2 Biophotolysis
11.3.2.1 Direct Biophotolysis
11.3.2.2 Indirect Biophotolysis
11.3.3 Microbial Electrolysis Cell
11.4 Techno-economic Analysis of Various Biohydrogen Production Methods
11.4.1 Dark Fermentation
11.4.2 Photobiological Hydrogen Production
11.5 Challenges in Commercialization of Biohydrogen Production
11.5.1 Economical Barriers
11.5.2 Technical Barriers
11.6 Future Perspectives
11.7 Conclusion
References
12 Strategic Planning and Business Sustainability in Agribusiness: Analysis in a Model Farm in Brazil
12.1 Introduction
12.2 Brief Theoretical Considerations
12.3 Methodological Procedures
12.4 Characterization of the Company
12.4.1 Analysis of the External Environment
12.4.1.1 Characterization of the Sector
12.4.1.2 Diagnosis of the External Environment
12.4.2 Analysis of the Internal Environment
12.4.2.1 Diagnosis of the Internal Environment
12.4.2.2 Survey of Current Strategies
12.4.3 Proposition of Strategies to Be Adopted Based on the Analysis of the Environment
12.5 Conclusion
References
13 Application of Industrial Ecology Principles In and Around Cement Industry in NCR of Delhi: Potentials, Problems and Possibilities
13.1 Introduction
13.2 Contextualising the Research Problem
13.2.1 Why Cement Industry?
13.2.2 Research Area
13.3 Some Empirical Matters
13.3.1 Environmentally Extended Input Output Matrix
13.3.2 Locating Exchange Possibilities
13.3.2.1 Alternative Raw Materials as Inputs
13.3.2.2 Alternative Fuel Source
13.4 Three Scenarios of Waste Exchange
13.4.1 Using Rejected Plastic as Fuel for the Burner (Scenario 1)
13.4.2 Fly-Ash Used in Manufacturing Cement (Scenario 2)
13.4.3 Using Briquettes Made by Crop Residue as Fuel for the Burner (Scenario 3)
13.5 Summary and Conclusions
References
14 Challenges and Recommendations for a Green Circular Economy
14.1 Introduction
14.1.1 The Current Situation of Natural Resources and the Environment
14.1.2 The Concept of the Circular Economy
14.1.3 Guaranteeing a Sustainable Use of Resources
14.2 Obstacle and Enablers of Circular Economy
14.2.1 Description of the Main Factors to Enhance a Circular Economy Model
14.2.1.1 Technological
14.2.1.2 Economic and Financial
14.2.1.3 Regulation and Policies
14.2.1.4 Social/Cultural
14.2.2 Synergies Among Factors to Scale Up Circular Economies
14.3 Cutting-Edge Practices to Enhance Circular Economy
14.3.1 Innovation
14.3.2 Digitalisation
14.4 Conclusions
References