Scientific basis, tasks, solutions and roadmap for implementing the National Action Plan to implement circular economy by 2035

Abstract

The circular economy is one of the effective solutions to help address the relationship between the economy and the environment, with the potential to create new growth drivers, value chains, and jobs, while reducing greenhouse gas emissions and achieving the Sustainable Development Goals (SDGs). Many countries and regions are adopting roadmaps, strategies, or visions for CE as a growing trend. The ASEAN Economic Community's circular economy framework was adopted with a vision to position ASEAN as a hub of innovation and investment in circular economy development, characterized by high competitiveness, economic prosperity, environmental sustainability, and social equity. At the same time, a global roadmap for circular economy is also under discussion. In practice, initiatives and actions are being taken in production, business, and consumption to shift investment flows, financial systems, production and business models, and value chains toward circular economy. Many global agreements and next-generation free trade agreements under negotiation directly or indirectly refer to circular economy, gradually becoming new 'rules of the game’.