The influence of COVID-19 on the transition to a more circular economy in oil-exporting countries

¹ Kazakh-British Technical University, Business School, 050000 Almaty, Kazakhstan
² York University, The Schulich School of Business, ON M3J 1P3 Toronto, Canada

^* Corresponding author: e.akhmedov@kbtu.kz

Abstract

The present study has attempted to systematically explore the impact of the COVID-19 pandemic on transitioning to a more circular economy in 15 major oil-exporting countries. These countries are being explored because they deliver the highest environmental impact. Apart from the comprehensive literature review, the authors interviewed the group of 32 individuals having sufficient knowledge on the subject. The respondents provided their opinions on the main challenges that impacted the move to a more circular economy in oil-exporting countries during the COVID-19 pandemic, addressed the reasons for these challenges and suggested ways to respond to them. The consensus among the respondents was that the pandemic has slowed the transition process down and there is an urgent need to resume it. Their opinions on other topics were different, but not contradicting. Also, in addition to the frequently discussed topics, the respondents addressed those usually insufficiently considered, namely the pursuit of a luxurious lifestyle and scepticism towards relevant concepts and policies in many countries under consideration. The paper finishes with a set of recommendations aimed at early resumption and intensification of efforts on transitioning to a more circular economy in oilexporting countries.