Circular Economy in Europe: Governance, Economics and Industrial Strategy

A special issue of Recycling (ISSN 2313-4321).

Deadline for manuscript submissions: closed (28 February 2023) | Viewed by 8630

Special Issue Editors


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Guest Editor
Department of Business and Law, Università di Milano-Bicocca, 20126 Milano, MI, Italy
Interests: circular economy; energy policy; ESG; industrial policy; environmental econometrics
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
Department of Business and Law, University of Milano-Bicocca, 20126 Milano, MI, Italy
Interests: circular economy; energy policy; energy strategy; industrial policy; environmental policy

Special Issue Information

Dear Colleagues,

The current climate crisis and the global economic and geopolitical context highlight the fragility of European economy from the perspective of the resilience of production systems. As commodity prices are soaring, the time has come to strengthen policies to support the circular economy and to reduce the over-reliance on imported raw materials. Over the past five years, consumption has grown at more than twice the rate of circularity, contributing to a problem that threatens to destabilize the economy with an inflationary spiral. Therefore, the circular economy paradigm can contribute to developing domestic markets for secondary raw materials with positive impacts on the trade balance and competitiveness since importing raw materials is increasingly expensive. However, circular economy should not be considered exclusively within economic and environmental policy dimensions. To be effective, it must represent a force that can extend the environmental policy paradigm by integrating industrial policy and strategy. Therefore, circular economy governance must be capable of triggering a strategic industrial policy vision to activate new production chains, avoid relocations, and promote reshoring strategic production.

Dr. Giacomo Di Foggia
Dr. Massimo Beccarello
Guest Editors

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Keywords

  • circular economy
  • secondary raw materials
  • reshoring, industrial policy
  • environmental policy
  • recycling
  • economic resilience

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Published Papers (2 papers)

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Research

23 pages, 511 KiB  
Article
The Impact of Industry 4.0 on the Steel Sector: Paving the Way for a Disruptive Digital and Ecological Transformation
by Laura Tolettini and Eleonora Di Maria
Recycling 2023, 8(4), 55; https://doi.org/10.3390/recycling8040055 - 28 Jun 2023
Cited by 5 | Viewed by 3732
Abstract
Since the creation of a common term to indicate a set of incremental and disruptive digital technologies, Industry 4.0 has challenged European manufacturers to find a way to concretely exploit these innovations in their own business strategy. During this journey, Industry 4.0 has [...] Read more.
Since the creation of a common term to indicate a set of incremental and disruptive digital technologies, Industry 4.0 has challenged European manufacturers to find a way to concretely exploit these innovations in their own business strategy. During this journey, Industry 4.0 has recently highlighted some evidence about its efficacy in enabling strategic goals on the three dimensions (economical, environmental, social) of sustainable development, which is a key element for the European Union’s goal to make manufacturers become carbon neutral until 2030. Industry 4.0 and sustainability are together affecting manufacturers’ business models, forcing managers to take chances and face challenges within their organization and in their supply-chain. As an energy-intensive sector, steel industries will be intensively affected by sustainability paradigms. With 19 qualitative interviews in the organization and supply chain of an internationalized steel producer, Feralpi Group, we provide evidence that, beyond the use of main strategic technologies (Internet of Things and Big Data analysis), the implementation of a sustainability strategy is also possible through the creation of new partnerships beyond the own supply chain. The combination of Industry 4.0 technologies and sustainability strategies, especially concerning the environment through Circular Economy practices, pushes steel industries to revise their business models, paving the way for unexpected collaborations, where suppliers, customers, and even more diverse stakeholders such as competitors could bring benefits to the company sustainable economic growth and durability. Full article
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15 pages, 1786 KiB  
Article
Effectiveness of the IoT in Regional Energy Transition: The Smart Bin Case Study
by Dimitris Ziouzios and Minas Dasygenis
Recycling 2023, 8(1), 28; https://doi.org/10.3390/recycling8010028 - 20 Feb 2023
Cited by 6 | Viewed by 4347
Abstract
As part of the European Green Deal, the EU aims to become climate-neutral and reach net-zero greenhouse gas emissions by 2050. Lignite has long dominated the electricity system of Greece, providing cheap and reliable energy, given the abundant and low-cost domestic resources at [...] Read more.
As part of the European Green Deal, the EU aims to become climate-neutral and reach net-zero greenhouse gas emissions by 2050. Lignite has long dominated the electricity system of Greece, providing cheap and reliable energy, given the abundant and low-cost domestic resources at the cost of increased emission. In line with its national and international commitments to climate action, Greece needs to urgently transform its energy system and overcome its technological lock-ins, paving the way for a net-zero emission economy by the mid-century. The Internet of Things plays a significant role in this direction, providing with its technologies the protection of the environment and creating new jobs. The smart bins constitute an interesting proposal for areas in the energy transition. This research work reflects the current situation in the region of Western Macedonia and proposes the smart bin project as a part of the solution in the transition to the post-lignite era. For this purpose, survey research has been conducted in the municipalities of Greece on waste management technology. Full article
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