Abstract
The linear model of the economy, which is currently present, implies the way of production and consumption in enormous quantities, where the environment is exploited, the constant use of natural resources and energy to obtain certain products, which after use are discarded, i.e. end up in landfills and everywhere in the environment. The circular economy is one of the possible concepts that must be considered as a potential solution and a response to the challenge of sustainability. But the transition and application of the circular economy and its principles is a long process, a complex, not at all simple and quite serious task. In order to move from a linear model of economy, to a completely new and dynamic system, such as circular economy, it is necessary to develop a series of tools, indicators, measuring instruments, which would allow better and simpler monitoring of efficiency and effects of circular economy. This chapter will provide an overview of circular economy indicators at different levels, with a focus on the review of indicators as well as the evaluation system developed by the European Union, which would help decision-makers, both nationally and locally and at the enterprise level.
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Milanović, T., Jovović, A., Petrović, N. (2023). Development and Review of Circular Economy Indicators: Evidence from European Union. In: Obradović, V. (eds) Sustainable Business Change. Springer, Cham. https://doi.org/10.1007/978-3-031-23543-6_6
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