Closed-cycle economy as a resource-saving model of nature management

Voronezh State Forestry Engineering University Named after G.F. Morozov, 394087 Voronezh, Russia

^* Corresponding author: kmine@vglta.vrn.ru

Abstract

The article discusses the interconnection of production and consumption patterns in the interests of sustainable development and responsible use of resources. In order to achieve sustainable development, many countries are implementing business models of the circular economy. The application of circular economy models in practice directly affects the ecological state of the country. An overview of business models of the closed-cycle economy is given: resource recovery models; closed-cycle supply models; sharing models; product life extension models; product service models. The problem of ecological and economic development of the system in the context of globalisation is topical. The aim of the study is to compare the application of business models of closed-cycle economy by leading countries. The analysis of the international practice of applying closed-type business models has been carried out, which made it possible to group countries according to the same indicators: “flagships of the closed- cycle economy concept”; “rationalizers of the closed-cycle economy concept”; “prospectors of the closed-cycle economy concept”; “reformers of the closed-loop economy concept”; “conservatives of the closed-loop economy concept”. The conclusion is made about the existing links of technological, organizational and social innovations in the system of production and consumption.