APPLICATION OF REGIONAL CIRCULAR ECONOMY MODELS IN THE FORESTRY SECTOR

The forestry sector is a resource sector that underpins many different business activities. Green investments can be beneficially and successfully combined with this line of business. The aim of this paper is to explore some possibilities for circular models, applicable in the regional economy of forest territories, which can contribute to a successful interaction between the forest sector and other sectors of the economy, leading to resource recovery and waste utilization. Models built on the basis of good collaboration between the forest sector and construction, industry, agrarian sector and tourism in different forest areas in Bulgaria have been analyzed. The research methods used are induction, deduction, comparative method, synthesis method and extrapolation. The carried out comparison between the various economic and social aspects of development of the various circular models, applicable to various business activities, provides an opportunity for both theoretical and practical application of the research results.