Transition Towards a Circular Economy: Requirements and Challenges in Iraq

Abstract

Within the framework of the global trend towards diversifying the structure of the economy, it is necessary to search for alternatives other than (oil), the depleted resource that is most vulnerable to fluctuations in global markets. It is possible to benefit from the waste of factories and factories and produce new goods that create added value. Therefore, the carbon circular economy sector is considered one of the important indicators in the strategies and visions of sustainable development in Iraq for the year (2030), even though it has no real contribution to the national income at the present time due to the weakness of Environmental awareness and not giving real priority to that sector economy (CCE). The research aims to explain the reality and challenges of the circular economy in it according to global circular economy (CCE) indicators, and there are a set of requirements to ensure the sustainability of the transition towards a circular economy that must be provided. The research concluded that Iraq occupied late positions among the group of selected countries in the global ranking for the overall score of the Carbon Circular Economy (CCE) Transition Index for the years (2021-2022), as it achieved a ranking of (55) globally, as well as for the overall score of the Oil Producers Index, achieving (27 globally for the year) (2022). This is a natural result of the low contribution of the sub- and enabling indicators to the circular economy of Iraq.