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INNOVATION AND FORMATION OF THE CIRCULAR ECONOMY AS AN ELEMENT OF SUSTAINABLE DEVELOPMENT OF NORTHERN RESOURCE REGIONS

In conditions of environmental degradation and climate change, the formation of a circular economy is seen as one of the ways to achieve sustainable development. The article considers the need, problems and possibilities of introducing the principles of a circular economy in the northern Russian regions specializing in the extraction of natural resources. This is due to the fact that a significant part of the waste falls on this particular type of economic activity. The study was carried out on the example of the Republic of Sakha (Yakutia) and the Yamalo-Nenets Autonomous Okrug. An analysis of statistical data shows that the rapid development of the mining industry and the low level of reuse and disposal of waste generated in the regions under consideration are associated with an increasing load on the vulnerable northern nature. A literature review with the results of research on closed-loop economics has been completed. It convinces that the knowledge economy should help in solving the problems of waste processing, reducing their level of formation along the entire value chain of products. It is shown that in the regions under consideration, difficulties in using this way of solving the problem take place. Recommendations on overcoming objective limitations for the development and use of technological, organizational and social innovations for a successful transition to a circular economy model in the regions of this type are formulated.