PRAVNI OKVIRI CIRKULARNE EKONOMIJE U BOSNI I HERCEGOVINI
LEGAL FRAMEWORK OF THE CIRCULAR ECONOMY IN BOSNIA I HERZEGOVINA

Summary/Abstract: The circular economy represents a model of sustainable development that focuses on reducing waste, reusing resources and creating closed circles in production processes. In Bosnia and Herzegovina, it can be said that the concept of circular economy is in its initial phase, i.e. it is still developing. Of course there are certain initiatives and challenges that are key for development. Namely, the state of Bosnia and Herzegovina still does not have specific laws that directly regulate the circular economy, with the fact that certain aspects are incorporated into the legislation on environmental protection, waste management and energy efficiency. Most of the industries in Bosnia and Herzegovina functions according to linear economic model, i.e. production - consumption - waste. It is very important for BiH that the creation of strategies and legislation for the circular economy are harmonized with the EU directives. As an important possible step for the development of the circular economy is education and awareness raising of citizens and companies on the advantages of recycling, energy efficiency and sustainable production. Also, subsidies and financial support are necessary for companies that want to lead into CE practices. The circular economy represents a great potential for Bosnia and Herzegovina, but it is only possible with the mutual effort of the government, private sector and citizens.

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