From Linear Consumption to Circular Value Creation: Advancing Sustainability Through Circular Economy Practices
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Abstract
This paper investigates the role of the circular economy (CE) in advancing sustainability, focusing on how circular models can drive environmental, economic, and social benefits by minimizing waste, conserving resources, and promoting regenerative practices. The study reviews core CE strategies such as product lifecycle extension, resource recovery, and sustainable material sourcing and assesses their effectiveness in achieving sustainable development goals (SDGs). Through industry case studies and policy analyses, it identifies key challenges, including financial, regulatory, and cultural barriers that hinder CE adoption. This paper highlights the need for collaborative frameworks, supportive government policies, and innovative business models to enable a transition from linear to circular systems, emphasizing that CE is not only essential for reducing environmental impact but also crucial for building resilient, sustainable economies. The findings underscore the importance of CE as a fundamental approach to sustainability and climate resilience.