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Relevance of results. Experts note that growth of number of waste in Russia goes quicker, than GDP growth, so during the period from 2006 to 2012 the number of waste increased from 3, 5 billion tons to 5 billion tons. Constantly increasing volumes of waste cause need of elimination of their harmful effects on the environment. The main of the direction of the solution of this task is the organization of use, processing and also waste disposal. In this regard there is a problem of the choice of the most expedient decisions in this area. Research objective. To analyse the modern directions in the field of recycling for the purpose of identification of their impact on development of circular economy and environmental protection. Description of methodology. Development of methodological and methodical approaches to assessment of use of waste on the basis of accounting of their impact on a recycling of resources and greening of industrial production Main results. It is established that in modern conditions the problem of waste is relevant in all territory of Russia. It is defined that use and processing of waste should be considered the most preferable directions as they usually demand smaller expenses in comparison with traditional waste disposal and allow to exclude their harmful effects on the environment. [ABSTRACT FROM AUTHOR]