Bulgaria’s Circular Economy Indicators in Comparative Analysis with Other EU Member States
Bulgaria’s Circular Economy Indicators in Comparative Analysis with Other EU Member States

Author(s): Iana Paliova
Subject(s): Economy, National Economy, Business Economy / Management, Green Transformation
Published by: Институт за икономически изследвания при Българска академия на науките
Summary/Abstract: : The European Commission and the Member States are developing comprehensive public policy packages to promote the circularity transition in the economy. The EU Circular Economy Framework established in 2018 aims to assess the progress in achieving the EU circular economy goals in the Member States. In March 2020, the EU Circular Economy Action Plan set up new ambitious targets to boost the process of decarbonisation and circular economy in the Member States aligned with the EU climate objectives for 2030. The Circular Economy Act, which is proposed by the European Commission for public consultation in 2025, is scheduled to be adopted in 2026. In this regard, the study perceives the EU Circular Economy Framework in relation to the decarbonisation and circular economy tasks set by the Multiannual Financial Framework 2021-2027 and NextGenerationEU. The study examines the new developments in dimensions and indicators of the European Circular Economy Framework in 2023. It analyses the challenges facing Bulgaria in a comparative analysis with other Member States in achieving the EU average for some indicators of the first three dimensions of the EU Circular Economy Framework - production and consumption, waste management and secondary use of materials.

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