Biodegradable and Compostable Products – Essential Components for the Development of a Sustainable Bioeconomy

In this paper we aim to highlight the importance of developing the industry of biodegradable and compostable products - an essential component of a sustainable bioeconomy, in terms of reducing the impact of economic activities on the environment, as well as ensuring quality of life. Romania, a count...

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Main Authors: Gabriela-Iuliana Paraschiv (Ganea), Elena Condrea, Valentina Olteanu
Format: Article
Language:English
Published: Ovidius University Press 2020-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%202/17.pdf
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author Gabriela-Iuliana Paraschiv (Ganea)
Elena Condrea
Valentina Olteanu
author_facet Gabriela-Iuliana Paraschiv (Ganea)
Elena Condrea
Valentina Olteanu
author_sort Gabriela-Iuliana Paraschiv (Ganea)
collection DOAJ
description In this paper we aim to highlight the importance of developing the industry of biodegradable and compostable products - an essential component of a sustainable bioeconomy, in terms of reducing the impact of economic activities on the environment, as well as ensuring quality of life. Romania, a country member of the European Union, has adopted all European regulations in the field, whilst supporting the development of regulations, policies, strategies, support and financing designed to help investors in the market. In the first part of the paper, we will make a brief presentation of the current situation of the plastics industry and then present the main aspects of biodegradable and compostable products, for the theoretical understanding of the problems to be analyzed, as well as showcasing a clarification of the basic concepts and the links between them. In the last part, we will highlight the importance and benefits of the development of the market for biodegradable and compostable products (especially packaging), in the context of a sustainable bioeconomy, a renewable segment of the circular economy.
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spelling doaj.art-35551fb9bf07401eab8e2b3cdb63ec812022-12-22T00:04:57ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272020-01-01XX1211218Biodegradable and Compostable Products – Essential Components for the Development of a Sustainable BioeconomyGabriela-Iuliana Paraschiv (Ganea)0Elena Condrea1Valentina Olteanu2The Bucharest University of Economic Studies"Ovidius" University of ConstantaProcter & GambleIn this paper we aim to highlight the importance of developing the industry of biodegradable and compostable products - an essential component of a sustainable bioeconomy, in terms of reducing the impact of economic activities on the environment, as well as ensuring quality of life. Romania, a country member of the European Union, has adopted all European regulations in the field, whilst supporting the development of regulations, policies, strategies, support and financing designed to help investors in the market. In the first part of the paper, we will make a brief presentation of the current situation of the plastics industry and then present the main aspects of biodegradable and compostable products, for the theoretical understanding of the problems to be analyzed, as well as showcasing a clarification of the basic concepts and the links between them. In the last part, we will highlight the importance and benefits of the development of the market for biodegradable and compostable products (especially packaging), in the context of a sustainable bioeconomy, a renewable segment of the circular economy.http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%202/17.pdfbiodegradablecompostablesustainable bioeconomycircular economy
spellingShingle Gabriela-Iuliana Paraschiv (Ganea)
Elena Condrea
Valentina Olteanu
Biodegradable and Compostable Products – Essential Components for the Development of a Sustainable Bioeconomy
Ovidius University Annals: Economic Sciences Series
biodegradable
compostable
sustainable bioeconomy
circular economy
title Biodegradable and Compostable Products – Essential Components for the Development of a Sustainable Bioeconomy
title_full Biodegradable and Compostable Products – Essential Components for the Development of a Sustainable Bioeconomy
title_fullStr Biodegradable and Compostable Products – Essential Components for the Development of a Sustainable Bioeconomy
title_full_unstemmed Biodegradable and Compostable Products – Essential Components for the Development of a Sustainable Bioeconomy
title_short Biodegradable and Compostable Products – Essential Components for the Development of a Sustainable Bioeconomy
title_sort biodegradable and compostable products essential components for the development of a sustainable bioeconomy
topic biodegradable
compostable
sustainable bioeconomy
circular economy
url http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%202/17.pdf
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AT elenacondrea biodegradableandcompostableproductsessentialcomponentsforthedevelopmentofasustainablebioeconomy
AT valentinaolteanu biodegradableandcompostableproductsessentialcomponentsforthedevelopmentofasustainablebioeconomy