The circular economy: Its potential, its challenges

Ensuring sustainable growth for the EU implies moving from a ‘take-make-dispose’ model towards a model where resources are used in an environmentally and economically sustainable way.

The adoption of the Circular Economy package in 2015 marked a milestone towards a modern conception of economic growth. The shift to a circular economy requires a transformation in production and consumption patterns, value chains and sectors. And to create jobs and growth, businesses and citizens need to embrace it strategically and operationally. But these actors claim they should not be punished by rules imposed by policymakers that are designed to make industrial practices more sustainable.
Investment in innovation is key to accelerate the transition. Over the 2016-2020 period, the Commission has stepped up efforts in promoting innovation and investment, totalling more than €10 billion in public funding. Yet, much is still needed to scale up action at EU level, fully close the loop and reap the competitive advantage it brings to EU businesses. EURACTIV invites you to this Stakeholder Forum to discuss what is needed in terms of European legislation, policy framework and financing in order to move closer to a full circular economy.

Questions included:

  • What are the best initiatives, tools and practices that can be used to promote a circular economy? Can they be scaled?
  • Are the bottlenecks of regulation hindering companies’ operating environments?
  • How can new regulations be effectively implemented in all member-states?
  • What contribution can the circular economy make to the Paris Agreement?

>> Click here for more information about the event.

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