The EIB has already supported the transition to a circular economy with over €2.1 bn in project financing, including the first of a kind Aanekoski bio-pulp mill in Finland, the largest circular investment to date in Europe. An overview of such projects, alongside the bank's perception of the drivers to a circular economy (resource opportunities, technological development and the emerging socio-economic paradigm of sustainable development), corresponding opportunities and potential business models (circular design, value recovery, optimal use & circular support) is provided in this guide. 

As the circular economy can actively contirbute to reducing carbon emissions and reaching wider environmental protection goals, the EIB is keen to finance projects contributing to this transition through a range of financing products, including EFSI and InnovFin for higher risk innovations. When doing so, it makes use of specific criteria to assess whether project are truly circular and attempts to categorise them within one of the aforementioned business models. During project assessment, further eligibility criteria are applied depending on the type of business model. These criteria, and more information about the bank's perception of circular economy strategies and project types, is provided in the guide's annexes.

The EU Guidelines for the feed use of food no longer intended for human consumption are an integral part of the communication Closing the loop - An EU action plan for the Circular Economy.

They were developed by the Commission in close cooperation with the food, feed, animal health and environmental authorities of the Member States and the members of the EU Platform on Food Losses and Food Waste, as well as other stakeholders.

The valorisation of the nutrients of food which, for commercial reasons or owing to problems of manufacturing,  is no longer intended for human consumption, but can be safely used in animal nutrition, prevents these materials from being composted, transformed in biogas or disposed of by incineration or landfilling.

Available in all EU languages by following the Official Journal link, these guidelines should assist the national and local competent authorities, as well as the operators in the food chain, in applying the relevant EU legislation. Legal clarity is therefore enhanced and examples of best practices that are in compliance with the current EU regulatory framework are presented while preventing unnecessary administrative burden.

The report ‘Circular Economy in the Furniture Sector: Overview of Current Challenges and Competence Needs’, provides an overview on how the circular economy is currently being implemented within the furniture sector.

By focusing on existing practices, challenges and opportunities at the micro-level, the main objective of this report is to identify the necessary skills and competences needed to support the transformation of furniture companies towards a circular economy.

Project partners identified throughout Europe 25 furniture companies active in the circular economy. Interviews, held between March and May 2018 in Belgium, Finland, Germany, Spain, France, The Netherlands, Italy and Sweden, allowed to gather insights on the necessary skills and competences needed to develop circular business models relevant for the furniture industry. Finally, 10 examples of circular furniture cases are presented in the report. Examples show companies from different EU countries that have implemented different actions to work towards the circularity of the company and with specific examples of furniture products that are sustainable.

As part of the Circular Economy Action Plan, the Commission is examining ways to improve the use of date marking by actors in the food chain and its understanding by consumers, in particular "best before" labelling. Better understanding and use of date marking on food, i.e. "use by" and "best before" dates, by all actors concerned, can prevent and reduce food waste in the EU.

In order to help inform its work on date marking, the Commission launched a study to map how date marking is used in the market by food business operators and control authorities.

The market study found wide variation in date marking practices within product categories surveyed in the EU. The legibility of date marks was judged to be poor for 11% of products sampled. The study highlights the role that strengthened cooperation and innovation in the food supply chain can play in preventing food waste and finds that additional guidance may be needed to facilitate food redistribution past the "best before" date.

Based on the study's findings, the authors conclude that avoidable food waste linked to date marking is likely to be reduced where:

• a date mark is present, its meaning is clear and it is legible;
• consumers have a good understanding of the meaning of date marking (and the difference between "use by" as an indicator of safety and "best before" as an indicator of quality); 
• "use by" dates are used only where there is a safety-based rationale for doing so, consistent with the Regulation on Food Information to Consumers
• the product life stated on the packaging is consistent with the findings of safety and quality tests, and is not shortened unnecessarily by other considerations, such as product marketing;
• storage and open life guidance are consistent with the findings of safety and quality tests;
• there is a level of consistency in storage of food at retail and guidance for consumers regarding the temperatures at which products should be stored in the home.

As part of the Circular Economy Action Plan, the Commission has adopted EU food donation guidelines in order to facilitate the recovery and redistribution of safe, edible food to those in need.

Developed in consultation with the EU Platform on Food Losses and Food Waste, the EU food donation guidelines seek to:

• facilitate compliance of providers and recipients of surplus food with relevant requirements laid down in the EU regulatory framework (e.g. food safety, food hygiene, traceability, liability, VAT, etc.);
• promote common interpretation by regulatory authorities in the EU Member States of EU rules applying to the redistribution of surplus food.