Green finance in circular economy: a literature review

Developing markets are using sustainable development potential to reach zero-carbon goals. Due to the limitation of natural resources, companies need to use environmentally friendly manufacturing to develop a circular economy (CE). Green finance (GF) and the CE are linked in a systematic and complex approach; therefore, it was essential to employ the coupling coordination-level framework to explain their relationship and feedback. Any study linking green financing and CE together has been found. The objective of this research is to explore this twofold domain and determine its main characteristics. To address this objective, a comprehensive review of the literature was conducted, supplemented by a bibliometric analysis. The results confirm that GF has the potential to help society, sustainability, and the prevention to climate shifts, investing in the CE. There are many hurdles to overcome, including inadequate knowledge about CE and GF, ambiguous definitions, a lack of coherence between legal frameworks on CE and green financing, unclear laws, and a lack of financially viable motivation for investors and financial institutions that are ready to promote in sustainability. This study explores CE and GF domains. Managers may readily increase their understanding of methods, strategies, and technical solutions beneficial to assist their operations toward a green economy depending on various CE and GF elements. Finally, based on a categorization of GF types, the assessment identifies future investment potential consequences of green financing in the CE.

A mini-review of biomethane valorization: Managerial and policy implications for a circular resource

The green transition requires renewable energy resources, especially the role of biomass is very crucial as it promotes resource circularity if sustainable substrates are used. This mini-review focuses on green gas derived from biomass called biomethane, which appears to be strategic in the face of soaring energy costs. Hence, combined Strengths, Weaknesses, Opportunities and Threats-Analytic Hierarchy Process analysis is used to compare and evaluate the critical factors. The results provide not only methodological insights through the application of the local-global priority method, but also managerial insights that see biomethane as a winning element for the green transition, fighting climate change and reducing dependence on external energy sources. Subsidies have played a key role in pursuing economic sustainability; however, their use should be reduced over time and measured to the actual contribution related to environmental and social improvement. The results of this work highlight that biomethane development is important to tackle climate change and to be self-sufficient from an energy perspective. This development plan, based on circularity of resources, includes subsidies for small-scale plants, substrates from neighbouring territories, citizen involvement in decision-making processes, valorization of suitable waste from an environmental perspective and stability of political choices.