Circular economy: A brief literature review (2015–2020)

Abstract

Hitherto implemented economic mechanisms and development processes have led the planet to face numerous environmental and ecological depletion challenges. In light of this, Circular Economy emerges as an effective tool for triggering a sustainable development process. This article aims to present different perspectives and concepts of circular economy. To that end, a qualitative study was conducted and the methodology of systematic literature review was applied, so as to obtain solid knowledge about the theme, using the most recent and relevant articles. Scielo, Science Direct and Google Scholar database were the source of the articles that met the defined criteria, described in six steps: search key words; only scientific articles considered; publication between 2015 and 2020; in English; with 100 or more citations; relevant content to the theme. As a result, an extract of the researched articles and a comparison between the scientific literature on this subject is presented, showing some evolution of the aspects of the Circular Economy, such as designing of new products, emerging of new legislation and adoption by industry. Although the study was not conclusive on how the evolution of Circular Economy will take place, authors suggest future studies to assess the transition towards an economic circularity. Also, it is recommended that future studies consider case studies as a model for assessing Ciruclar Economy progress in the light of legislation and economic interests.