Metaverse Is Pioneering Sustainability And Circular Economy Innovations

Abstract

Metaverse is an emerging digital frontier, is redefining the paradigms of sustainability and circular economy  by fostering  innovative  solution  that  transcend  physical  limitations.  The  aim  of  this  study  is  to identify  the principal issues with which sustainability can be linked to metaverse. This study also discussed the role of metaverse environment in circular economy strategies. The findings affirmed that the merging of metaverse with circular economy is promising, however it is quite challenging.   The findings also indicated that metaverse can be a platform for a circular economy promoting the preservation, reduction, and recycling of waste, putting up and  constantly innovating  this kind  of system will take huge investments in resources, knowledge, collaboration, and innovation among the stakeholders and researchers with an effective resolving of  ownership  problems.  The study also  provides  some  fruitful  avenues  for  future  studies  and  policy implications for governmental bodies for effective implementation of metaverse in circular economy strategies and sustainability initiatives.