Does Circularity Transformation Hinder Climate Risk? A New Insight from European Countries
摘要
This research investigates how effectively circular waste management practices can lessen climate risks (CRs) in municipalities. The study explores the connection between a circular economy (CE) approach to municipal waste (CE_MW) and eight different CR measures. Using various economic analysis methods, the researchers examined data from 27 countries between 2012 and 2022. Their findings indicate that implementing circular practices for municipal solid waste significantly reduces CRs, especially those related to activities along rivers. Furthermore, the study differentiates between the long-term and short-term impacts of CE_MW on all eight CR measures, revealing a stronger influence in the long run. Additionally, the research explores how the quality of a country’s institutions affects the effectiveness of CE_MW in mitigating CRs. The results suggest that countries with strong institutions are better equipped to reduce CRs through circular waste management practices.