Original article Economic Development, Innovation, Technological Change, and Growth

Assessing Progress towards a Circular Carbon Economy in the G20 Countries

Lejla Terzić - Associate Professor, Faculty of Economics in Brčko at the University of East Sarajevo, Bosnia and Herzegovina
Received: 26 Oct 2024
Revised:
Published:
Downloads: 0
Citations: 0
Book 3/2024
JEL O57 Q01 Q50

Abstract

As cornerstones of worldwide sustainable development, the circular economy and the circular carbon economy are profoundly interrelated. However, opinions differ on how to optimize the circular economy towards reducing carbon dioxide emissions. This article aims to investigate the different levels of readiness for the circular carbon economy within G20 member countries in the domain of economic efficiency. In that regard, a selection of circular carbon economy sub-indicators has been analysed. Through the use of secondary data, tendencies towards change in this variability were found. The degree of adoption of a circular carbon economy differs among the G20 economies. In terms of the various factors considered in the G20 member countries, the current analysis has determined that there continue to be substantial differences between the best performers and their enabling factors.

How to cite this article

Terzić, L. (2024). Assessing Progress towards a Circular Carbon Economy in the G20 Countries. Economic Thought Journal, 69 (3), 281-322.

https://doi.org/10.56497/etj2469302

How to publish

Are you an author? Please read our publishing terms first.

Learn