Exploring the Potential of Internet of Things (IoT) and Challenges in Enabling Circular Economy Practices in Smart Cities

Abstract

This study examines the complex array of impediments and potential advantages of the internet of things (IoT) associated with the shift towards enabling circular economy practices (CEP), motivated by the pressing necessity to address climate change and promote environmental sustainability. Based on an extensive review of scholarly sources, this study scrutinizes the technological, economic and societal challenges that ought to be addressed to attain a net-zero economy. Most outstandingly, it emphasizes the environmentally sustainable merits, potential for economic growth and improvements in societal well-being that can arise from this transition. It further depicts selected case studies to demonstrate sustainable empirical evidence and avails policy recommendations. The paradigm is to assist governments and other stakeholders in effectively managing human-associated challenges to attain increased sustainable value maximally. Finally, this highlights the utmost significance of tackling these challenges and capitalizing on opportunities to facilitate a sustainable, net-zero future that guarantees worldwide prosperity and ecological welfare.

Citation

Shafik, W. (2024), "Exploring the Potential of Internet of Things (IoT) and Challenges in Enabling Circular Economy Practices in Smart Cities", Kandpal, V., Santibanez-Gonzalez, E.D., Chatterjee, P. and Nallapaneni, M.K. (Ed.) Smart Cities and Circular Economy, Emerald Publishing Limited, Leeds, pp. 125-138. https://doi.org/10.1108/978-1-83797-957-820241012