Economic justification of recycling in the processing industry

Abstract

The article outlines the prerequisites for implementing the principles of the circular economy in the activities of enterprises in the processing industry, and defines the peculiarities of the circular economy functioning. The absolute dynamics of environmental pollution were investigated, the average annual rate of increase in the volume of pollution, structural shifts in the use of waste by region, and the environmental friendliness of the products of the processing industry were analyzed. The methods of assessing structural changes make it possible to determine the nature of the changes that occurred within the hierarchy of priorities. On the other hand, methods of scenario analysis changes in the environmental pollution amount per unit of production of the processing industry were applied. The concept of closed ecological and economic cycle development in the processing industry is proposed, which combines modern practical experience of the circular economy implementation and economic and mathematical methods and models, allows to perform a quantitative assessment of the impact of the proposed measures on the environment and to adopt reasoned more balanced decisions. Recommendations for the implementation of the ecological and economic cycle in the processing industry of Ukraine were provided.

Keywords

• Recycling
• Processing industry
• Circular economy
• Waste management
• A closed ecological and economic cycle
• Sustainable development