MECHANISMS FOR REALIZING THE DEVELOPMENT POTENTIAL OF THE WASTE MANAGEMENT INDUSTRY ON THE PRINCIPLES OF THE CIRCULAR ECONOMY

Authors

DOI:

https://doi.org/10.31891/2307-5740-2026-350-22

Keywords:

waste, principles, circular economy, directions of state policy, regional agencies, innovative cooperation, model of making and coordinating management decisions

Abstract

The article is devoted to the study of the mechanisms of realization of the development potential of the waste management industry based on the principles of the circular economy. It has been proven that state instruments should stimulate with the help of: funds, public procurement, capital investments in environmental protection, assistance in obtaining grant funds for the joint implementation with the EU of investment projects in the field of the circular economy and preferential lending to small and medium-sized enterprises and consulting activities (creating an agency for the development of the circular economy in Ukraine). The first step to this is the implementation of a comprehensive waste management program, which includes a number of measures, namely: separation, treatment and reuse of waste in production processes, as well as the distribution and disposal of waste that is not suitable for further processing. It is justified that the program approach should be based on the following principles: environmental friendliness, hierarchical prioritization, responsibility of the producer, responsibility of households and organizations. A model for making and coordinating management decisions regarding the implementation of the circular economy model in Ukraine has been developed based on a program-target approach. The main directions of state policy that stimulate innovative cooperation in the conditions of a circular economy are systematized in the following directions: structural direction, direction of inter-sectoral cooperation, direction in industries, direction of resource use, direction of socio-political transformations. It was revealed that an effectively established interaction between the state and the economy is a mechanism of economic growth and social well-being, and the effective direction of this process is public-private partnership based on the following elements: legal, institutional, organizational, economic.

Published

2026-01-29

How to Cite

Nahaichuk , V., & Sysoieva , I. (2026). MECHANISMS FOR REALIZING THE DEVELOPMENT POTENTIAL OF THE WASTE MANAGEMENT INDUSTRY ON THE PRINCIPLES OF THE CIRCULAR ECONOMY. Herald of Khmelnytskyi National University. Economic Sciences, 350(1), 174-182. https://doi.org/10.31891/2307-5740-2026-350-22