This study presents selected (inter)national and regional initiatives for the circular economy, including the European Circular Economy Action Plan and the circular economy in China's 14th Five-Year Plan and shows if and how these strategies take developing and emerging countries into account. Furthermore, the study explores some of the key effects that come with increased circularity. Key topics discussed are the effect on trade in primary raw materials, the shift to bio-based products, a possible reduction in waste exports and knowledge transfer. The report also provides a brief analysis of selected specific measures from the EU's Circular Economy Action Plan of 2020, with a special focus on their potential impact on developing and emerging countries.