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Abstract: European legislation on the circular economy has registered an accelerated promotion in recent years. The European Commission has adopted a package of measures and legislative proposals to stimulate sustainable growth and help Europe make the transition to a more circular economy. The transition to a circular economy involves abandoning the linear economic model and focusing on reducing energy and raw material consumption. However, the pandemic generated by COVID-19 calls into question the importance of circular economy legislation at European level and in particular the need to achieve its objectives in reality. Thus, the new action plan for the circular economy adopted on 11 March 2020 by the European Commission is part of the main blocs of the European Green Pact, a new European agenda for sustainable growth and an EU growth strategy to achieve climate neutrality until 2050. It presents a forward-looking agenda for the circular economy, aimed at achieving the goal of a cleaner and more competitive Europe, in collaboration with economic actors, consumers, citizens and civil society organizations. In this article, the authors aim to report on the actions of the EU and the Republic of Moldova in the field of circular economy from a legislative perspective and analysis of international experience, but also the impact of existing programs and projects to produce lasting effects in society. At the same time, the main barriers to the circular economy transition in the Republic of Moldova are highlighted, as well as the first progress made. This study was developed within the State Program 20.80009.0807.22 Development of the mechanism for forming the circular economy in the Republic of Moldova. Keywords: circular economy, green economy, recycling, reuse, repair, sustainability, waste hierarchy.JEL: Q54, Q57, Q58

Today all countries are adopting development strategies based on the knowledge economy. Cities become promoters of innovations by offering an innovative ecosystem following the connections that arise between all actors, thus adopting the concept of Smart City. This article argues the importance of the research component generated by universities and research institutes for the community development. The cluster approach is an effective tool to take into account the interests of the scientific and educational environment and the business community needs, creating conditions for knowledge and innovations transfer into the real economy. Particular attention was paid to the role of government policies to stimulate clusters development and to stimulate the participation of science component within partnerships of universities and research centers with business sector.