“DESIGN AND IMPLEMENTATION OF CIRCULAR BUSINESS MODELS IN PERU: STRATEGIES, CHALLENGES AND OPPORTUNITIES. A SYSTEMATIC LITERATURE REVIEW.”

Abstract

Problem: The circular economy stands out as a crucial strategy for sustainable development, focusing on efficiency in the use of resources and waste reduction. The problem focuses on this misuse of resources and how to reduce the waste generated by the domestic sector in the country. This study addresses the implementation of circular business models in Peru, a context that combines the scarcity of resources and economic opportunities with significant environmental challenges.

Research objective: The general objective is to explore how circular business models can be implemented in Peru to improve environmental and economic sustainability. Specifically, it seeks to identify the strategies, challenges and opportunities related to these models in the Peruvian environment.

Method: A systematic review of literature was carried out in databases such as Scopus, choosing studies that address the circular economy within Peruvian companies and its impact on sustainability. Inclusion criteria focused on recent articles that offered direct relevance to the topic and were accessible in English.

Result: The results show that, although there is notable progress in the literature on the circular economy in Peru, there is a lack of research that holistically integrates specific strategies and challenges. The studies analyzed highlight the need for intersectoral collaboration and the adaptation of circular practices to the local reality to achieve effective implementation.

Conclusions: It is concluded that it is essential to strengthen the policies and strategies that promote the circular economy in Peru, considering the economic and environmental particularities of the country. The review suggests that, despite progress, coordinated efforts and well-targeted policies are still required to fully integrate the principles of the circular economy into the Peruvian business fabric.

Keywords: Economic circular; Peru; sustainability