Circular Economy: Ukraine’s Reserves and the Consequences of the Global Recession

Development of alternative energy sources, creation of production facilities for processing household and industrial waste are far from a list of directions of strategic cooperation between Ukraine and the EU within the framework of building circular economy. The purpose of the study is to determine the reserves of Ukraine regarding the further development of the principles of the circular economy and the consequences of overcoming the recession in the post-war period, using globalization trends. The results of the study demonstrate that the main driving forces on the way to building a circular economy are: state authorities focused on the implementation of sustainable “green development” strategies; specialists capable of developing and implementing circular development projects; programs for financing waste processing projects. In the course of the research, an actual model for the implementation of the circular economy in Ukraine under martial law was determined and proposed for implementation, which takes into account objective prerequisites. The relevance of the circular economy concept is confirmed through its relationship with the concept of sustainable development. The main indicators for monitoring the implementation of circular economy principles are also defined, which are relevant in the given operating conditions, but will require revision in the future.