Trade and the Environment

Buterbaugh, Kevin

doi:10.1016/b978-0-12-820195-4.00083-2

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2024

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“…Private sector needs help in overcoming the barriers to the implementation of circular trading models worldwide (Kirchherr et al, 2017). It is essential to avoid trade that has adverse effects on the environment (Buterbaugh, 2022). More work is needed to be done to ensure that the objectives of trade and the circular economy are compatible (European Parliament, 2023).…”

Section: Introductionmentioning

confidence: 99%

Role of Global Trade in the Circular Economy

Šálková,

Singh

2024

Proceedings of the International Scientific Conference Hradec Economic Days 2024

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Paper examines economic model known as upcycling, which seeks to minimize environmental damage by maximizing the reuse of resources. The use of raw materials, production and consumption that underpin the vertical economic system promoted by global trade has serious social and environmental consequences. The study highlights the opportunities and threats of global exchange in the context of supply chain transformation.Notwithstanding the considerable difficulties, the result suggests that global trade can contribute to the development of a circular economy by increasing productivity, reducing pollution, and encouraging more environmentally responsible production and consumption.The conclusions and suggestions relate to the findings from GRETL and how policy makers, firms and individuals could accelerate the uptake of recycling and reuse in global trade.

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Section: Introductionmentioning

confidence: 99%