Benefits and Limitations of Indicators for Monitoring the Transformation towards a Circular Economy in Poland

Abstract

More and more attention is paid to the circular economy (CE) and indicators that enable the monitoring and verification of the progress of transformation at various levels (the European Union, countries, regions, companies, etc.). Many analyses of CE indicators for different levels have been presented in the literature, but the benefits of their implementation and their limitations have not been discussed individually. The aim of the work is to identify and verify, based on the research conducted, CE indicators relating to sustainable production, along with their advantages and limitations. The article presents the selection process as well as the potential benefits and limitations of using indicators to assess the transformation towards a CE as identified for the Polish economy. The practical aim is to apply the indicators identified to different sectors of the economy. An important element of the work is the proposal for the process of selecting CE indicators that monitor the CE transformation based on their advantages and limitations, taking into account the goals and obligations set out in the main strategic documents of Poland and the EU, the process of consultations with industry, and the structure of the economy.

Keywords

• monitoring of circular economy
• indicators
• benefits and limitations