Circular economy as a driver of sustainable development in Latin America

Authors

DOI:

https://doi.org/10.63688/j3va9h45

Keywords:

Circular economy, sustainable development, innovation, Latin America, sustainability

Abstract

Introduction. The circular economy is consolidated as a sustainable alternative to the linear model of production and consumption, aimed at optimising resources, reducing environmental impacts and strengthening innovation. In Latin America, this approach has gained relevance as a response to the challenges of inequality, environmental degradation and dependence on natural resources. However, its progress still presents significant differences between countries and sectors. Methodology. A quantitative, descriptive and comparative approach was applied, with a structured questionnaire addressed to 180 participants from six Latin American countries: Chile, Colombia, Mexico, Ecuador, Peru and Argentina. Four dimensions were evaluated: knowledge, barriers, inter-institutional articulation, and implementation of circular practices. Results. The regional averages reflect medium-high knowledge (3.89) and intermediate implementation (3.51), with Chile and Colombia standing out as the countries with the greatest progress. The main barriers identified were the lack of financing, technological infrastructure and specialized training. Discussion. The results show that inter-institutional cooperation, environmental education and financial support are determining factors to accelerate the circular transition in the region. Conclusions. The circular economy is projected as a driver of Latin American sustainable development, but its consolidation requires strengthening integrated policies, monitoring indicators and collaborative innovation that guarantee a just and resilient transition.

Downloads

Download data is not yet available.

References

Álvarez Vizcarra, G. (2023). Economía circular en el marco de los objetivos de desarrollo sostenible, una oportunidad para la sinergia social. Telos, 25(3), 868–889. https://doi.org/10.36390/telos253.19

Banco Interamericano de Desarrollo (BID). (2024). Economía circular. Iniciativa Sustainable Islands. https://sustainableislands.iadb.org/es/acerca-de/economia-circular

Bejar Alegria, M. X., & Nieto Sucozhagñay, M. J. (2025). Impacto ambiental y optimización de recursos a través de estrategias de economía circular en residuos sólidos. Sage Sphere of Technology, Sciences, Discoveries and Society, 3(1), 1–15. https://doi.org/10.63688/k4bm0a83

Carrillo González, G., & Pomar Fernández, S. (2021). La economía circular en los nuevos modelos de negocio. Entreciencias: Diálogos en la Sociedad del Conocimiento, 9(23). https://doi.org/10.22201/enesl.20078064e.2021.23.79933

Comisión Económica para América Latina y el Caribe (CEPAL). (2023). Estudio económico de América Latina y el Caribe 2023: El financiamiento de una transición sostenible, inclusiva y resiliente. Naciones Unidas. https://www.cepal.org/es/publicaciones/67989-estudio-economico-america-latina-caribe-2023-financiamiento-transicion

Da Costa Pimenta, C. C. (2022). La economía circular como eje de desarrollo de los países latinoamericanos. Revista Economía y Política, (35). http://scielo.senescyt.gob.ec/scielo.php?script=sci_arttext&pid=S2477-90752022000100001

Dai, B., Zhang, J., & Hussain, N. (2025). Policy pathways through FinTech and green finance for low-carbon energy transition in BRICS nations. Energy Strategy Reviews, 57, 101603. https://doi.org/10.1016/j.esr.2024.101603

Diez, J. I., Tedesco, L., & Imaz-Harguindeguy, A. (2025). Economía circular y ambiente: Una evaluación económico-financiera para la instalación de una planta de reciclaje de residuos de aparatos eléctricos y electrónicos en la ciudad de Bahía Blanca, Argentina. Revista de Ciencias Ambientales, 59(1). https://doi.org/10.15359/rca.59-1.2

Espinoza, A. (2023). Economía circular: Una aproximación a su origen, evolución e importancia como modelo de desarrollo sostenible. Revista de Economía Institucional, 25(49). https://doi.org/10.18601/01245996.v25n49.06

Gallego-Schmid, A., López-Eccher, C., Muñoz, E., Salvador, R., Cano-Londoño, N. A., Vetroni Barros, M., Choconta Bernal, D., Mendoza, J. M. F., Nadal, A., & Guerrero, A. B. (2024). Circular economy in Latin America and the Caribbean: Drivers, opportunities, barriers and strategies. Sustainable Production and Consumption, 51, 118–136. https://doi.org/10.1016/j.spc.2024.09.006

Gallego-Schmid, A., Vásquez-Ibarra, L., Guerrero, A. B., Henninger, C. E., & Rebolledo-Leiva, R. (2025). Circular economy in a recently transitioned high-income country in Latin America and the Caribbean: Barriers, drivers, strengths, opportunities, key stakeholders and priorities in Chile. Journal of Cleaner Production, 486, 144429. https://doi.org/10.1016/j.jclepro.2024.144429

Imbernó Díaz, A. L., & Souto Anido, L. (2023). Innovación y economía circular, un binomio perfecto. Economía y Desarrollo, 167(2). http://scielo.sld.cu/scielo.php?script=sci_arttext&pid=S0252-85842023000200007

Jayakodi, S., Senaratne, S., Perera, S., & Bamdad, K. (2024). Circular economy assessment using project-level and organisation-level indicators for construction organisations: A systematic review. Sustainable Production and Consumption, 48, 324–338. https://doi.org/10.1016/j.spc.2024.05.025

Llanos Encalada, M., Bell Heredia, R. E., & Correa Vaca, A. M. (2023). Visibilidad regional de prácticas de economía circular en publicaciones científicas de alto impacto. Revista Universidad y Sociedad, 15(6). http://scielo.sld.cu/scielo.php?script=sci_arttext&pid=S2218-36202023000600185

Medina-Abad, J., & Freire-Pesántez, A. (2023). Barreras para la implementación de la economía circular en países en vías de desarrollo. Estudios de la Gestión, (14). https://doi.org/10.32719/25506641.2023.14.6

Moldan, B., Janoušková, S., & Hák, T. (2012). How to understand and measure environmental sustainability: Indicators and targets. Ecological Indicators, 17, 4–13. https://doi.org/10.1016/j.ecolind.2011.04.033

Moraga, G., Huysveld, S., Mathieu, F., Blengini, G. A., Alaerts, L., Van Acker, K., de Meester, S., & Dewulf, J. (2019). Circular economy indicators: What do they measure? Resources, Conservation and Recycling, 146, 452–461. https://doi.org/10.1016/j.resconrec.2019.03.045

Rivera Acosta, P., & Martínez Torres, R. E. (2021). Articulación de los objetivos de desarrollo sostenible con el paradigma de la economía circular. Investigación y Desarrollo, 29(1), 178–194. https://doi.org/10.14482/indes.29.1.333.7

Romero-Vargas, M., Bermúdez-Rojas, T., & Duque-Gutiérrez, M. (2020). Evaluación cualitativa de indicadores de sostenibilidad socioambiental para su selección y aplicación en ciudades costarricenses. Revista Geográfica de América Central, 64, 1–20. http://dx.doi.org/10.15359/rgac.64-1.1

Sánchez Suárez, Y., Trujillo García, L., Hernández Nariño, A., Cuervo Saiz, L., Sablón Cossío, N., & Marqués León, M. (2023). Una aproximación a la economía circular y su contribución en el contexto de la pandemia. Infodir, (40). http://scielo.sld.cu/scielo.php?script=sci_arttext&pid=S1996-35212023000100014

Sánchez-García, E., Martínez-Falcó, J., Marco-Lajara, B., & Manresa-Marhuenda, E. (2024). Revolutionizing the circular economy through new technologies: A new era of sustainable progress. Environmental Technology & Innovation, 33, 103509. https://doi.org/10.1016/j.eti.2023.103509

Zhang, Y. (2024). Circular economy innovations: Balancing fossil fuel impact on green economic development. Heliyon, 10(18), e36708. https://doi.org/10.1016/j.heliyon.2024.e36708

Published

2025-11-05

How to Cite

Márquez Pinto, R. L. (2025). Circular economy as a driver of sustainable development in Latin America. Sage Sphere International Journal Esfera Sabia Revista Internacional, 2(5), 1-16. https://doi.org/10.63688/j3va9h45