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Russia is just starting to become a circular and green economy. The development of an efficient national waste management system is a prerequisite for the circular economy (CE). Russian companies are already moving toward adopting more circular business models because it is proven to be a sound business strategy. This strategy facilitates access to new markets, drives innovative solutions, and saves production costs. This paper presents a general understanding of the CE concept. Using practicaldoi:10.3390/su11205837 fatcat:foa3oxe7njaeloxt5tjkjftfl4