Potential for Applying Circular Economy Principles in Compost Production in Serbia

Abstract

Changes in today's socio-economic systems highlight the importance of addressing environmental issues, applying the principles of sustainable development, increasing the significance of renewable energy sources, and reducing resource exploitation. The concept of sustainable development represents a new long-term development approach, strategy, and philosophy of social progress, based on the Green Deal (2019) adopted by the European Commission. The circular economy represents the most significant model of sustainable development in Serbia, offering solutions for resource optimization, waste reduction, and increased economic efficiency. As one of the priorities of the Western Balkans Agenda (2020), its development can contribute to strengthening environmental awareness, improving industrial processes, and creating new jobs through innovative and sustainable business models. The implementation of the circular economy involves investments in green technologies and education, as well as the adoption of appropriate measures to fully harness its potential in the context of Serbia’s economic and environmental progress. Compost production can be one of the key applications of the circular economy in the Republic of Serbia, aiming to reduce food waste. Research indicates that domestic compost producers have access to approximately 180 tons of food waste. The total waste generated by the HORECA sector is estimated at 40 kt, with around 99% of food waste ending up in landfills, according to 2018 data. The potential of applying the circular economy to compost production lies in raising awareness about food recycling and redirecting larger amounts of food waste toward compost production, contributing to environmental protection and reducing the number of landfills with harmful effects. The aim of this paper is to highlight the potential applications of the circular economy in compost production in the Republic of Serbia. Based on this, the paper consists of three parts, in addition to the introduction and conclusion. The first part emphasizes the importance of sustainable development in Serbia, while the second part discusses the significance and opportunities of the circular economy. The third part focuses on the potential application of the circular economy in compost production. Finally, concluding remarks are provided. UDC: 504.06:631.879.4(497.11); JEL: Q53, Q56, O13