Carbon-Neutral Recycling Economy Models

The growing uncertainty of the development of the world economy, the speed of transformational changes, and intra- and intersectoral instability cause the need for a predictive scientific vision of the world economic future. This research examines international strategic change models and appraises current worldwide trends, considering development forecasts in the chemical industry as an illustrative example and accounting for technological and scientific advancement. The authors conducted a comparative analysis of predictive models of global economic development in combination with scenario analysis using the chemical industry as an example. The validity and reliability of the obtained results of the analysis and conclusions are conditioned by the use of general scientific and unique methods of scientific cognition, including retrospective and system analysis, methods of comparison and generalization, and normative and comparative statistical analysis. The authors analyzed various forecast models emphasizing the prospect of transition to a carbon-neutral economy, considering the transforming foreign policy trends and the digital transformation trend. The research emphasizes the necessity and relevance of adjustments to forecasts for the short and medium term, considering the dynamics of the foreign policy environment and post-pandemic consequences. The analysis of existing and future programs, strategies, and scenarios of change across multiple countries concerning the development of a carbon-neutral, waste-free economy resulted in identifying trends within the evolution of the chemicals industry based on the analysis of the development of the chemical industry. They also demonstrated the importance of scientific forecasting, which is necessary for industry development.