Related content for project "Potential Circular Economy Actions, Priority Sectors, Material Flows, and Value Chains" (project ID 1750-44)
The aim of the study was to provide an initial scoping assessment of potential priorities and policy options to support the transition to a circular economy in the EU. The study reviewed existing literature, identified potential priority areas for action where accelerating the circular economy would be beneficial and where EU policy has a particular role to play, and developed policy options for consideration across a range of areas.
The circular economy is rapidly rising up political and business agendas. In contrast to today’s largely linear, 'take-make-use-dispose' economy, a circular economy represents a development strategy that enables economic growth while aiming to optimise the chain of consumption of biological and technical materials. A deep transformation of production chains and consumption patterns is envisaged to keep materials circulating in the economy for longer, re-designing industrial systems and encouraging cascading use of materials and waste.