Stakeholders’ Engagement in CE Approach on the Built Environment, Albania Case

Abstract

AbstractCircular economy principles remain relatively new tendencies in Albanian economy sectors, with some attempts throughout recent years, and until now, little research has been done in this aspect, especially in the construction sector. As the construction sector is connected with other sectors of the economy, its development or slowdown affects the indicators of other sectors. Moreover, this sector possesses numerous challenges, as special attention is needed on the impact that the momentum of construction and the expansion of the real estate market can have on the stability of the financial sector. Integrating the circular economy into the construction sector means understanding the role of stakeholders, their interactions, and the influences they can exert on the process itself, by adding value in each step of this chain process. By categorizing different groups of stakeholders and analyzing their activity regarding the circular economy approach in the construction sector in Albania, this paper presents a clear overview of what has been done until now, the consequences and benefits of these attempts, and also what can be improved in the future. The stakeholders’ theoretical analysis has shown that the relation between different stakeholders presents difficulties in cooperation, although these groups aim towards mutual objectives and goals. In this context, Albanian economy presents difficulties, as this approach is widely influenced not only by political decisions, but also by cultural and financial matters, making it more challenging to make progress.