CIRCULAR ECONOMIC DEVELOPMENT PLANNING TO SUPPORT GREEN INDUSTRY IN INDONESIA

Authors

  • Taqiya Zahrowaini4 State Islamic University of North Sumatera Author
  • Candra Kirana State Islamic University of North Sumatera Author
  • Ataina Zulfa Nasution State Islamic University of North Sumatera Author
  • Diska Najwa Andini State Islamic University of North Sumatera Author
  • Nurganti State Islamic University of North Sumatera Author

Abstract

study explores the circular economy as a crucial strategy to promote the growth of environmentally friendly industries in Indonesia. Using a qualitative descriptive methodology (desktop study), it was found that shifting to a circular model, through the 5R principle, is crucial for optimizing resources, reducing waste, and lowering carbon emissions. Implementing this concept increases economic efficiency, creates green jobs, and strengthens national competitiveness. However, its implementation is hampered by inadequate infrastructure, weak policy coordination, and minimal green investment. An integrated strategy involving all stakeholders (government, industry, and community) is needed to strengthen the green industrial system. The circular economy is emphasized as a new economic development paradigm that balances ecology, society, and the economy, essential for Indonesia to achieve a Green Economy and the 2060 Net Zero Emission target.

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Published

2025-12-01

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How to Cite

CIRCULAR ECONOMIC DEVELOPMENT PLANNING TO SUPPORT GREEN INDUSTRY IN INDONESIA. (2025). International Journal of Applied Economics, Banking and Management, 2(3), 245-256. https://ejournalarsypersada.com/index.php/economics/article/view/117