Impact of Circular Economy on Developing Commonwealth Countries

This report delves into the concept of the circular economy (CE), examining its principles and theoretical underpinnings, with a focus on its impact on developing commonwealth countries. The report defines CE and discusses various theories, including input, sustainable cycle, and output principles. It then analyzes the CE's development within a specific city in the UK, London, providing examples of CE implementation and highlighting barriers such as government regulations and waste management issues, as well as enabling factors and opportunities for growth. The analysis covers the city's progress, the role of government, and the impact of the COVID-19 pandemic on business operations. The report also explores the shift in consumer behavior towards quality and sustainability, emphasizing the potential for economic and environmental benefits through the adoption of CE strategies.