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See all EU institutions and bodiesImplementation of circular principles in production and consumption systems will yield measurable changes towards reduced consumption of resources and moderated environmental impact. The development and growth of a circular economy requires a framework of enabling factors to be in place, including policy, innovation and financing.
Assessment
- Political and economic momentum for circular economy is building-up in Europe, including growth in financing for circularity projects. The introduction of circular economy strategies at national level is well-advanced across the EU.
- Citation information indicates a strong and growing level of research and innovation activity for circularity. Data is lacking to validate progress on uptake of green public procurement - a key driver for new circular business models.