The Circular Prague report is a visual roadmap that identifies the strategies that are best positioned to kick-start the Czech capital’s transition towards a circular economy.

The report marks the culmination of Prague’s Circle City Scan; a 12-month collaborative innovation process involving local government, research organisations and businesses. The collaborative Circle City Scan process has highlighted the potential to promote circular lifestyles in ReUse Hubs using public procurement, to boost the construction through circular procurement, and  to use the city’s food waste as biomethane to power the city’s waste collection fleet.
 

The policy brief discusses Circular Economy Business Models (CBM), gives several examples and considers the challenges and solutions facing policymakers. It makes a number of recommendations to regions to speed up the development of CBMs ‒ something this brief argues regions are in a good position to do ‒ and shares several good practices from Interreg Europe projects. It should be read in conjunction with the Interreg webinar on CBMs webinar on Circular Economy Business Models. It also briefly sketches EU policies in this area and offers some practical funding and networking tips.

In a circular economy, assets are no longer sold. Rather, the assets are collectively maintained by a network of stakeholders involved in the ongoing functioning of the assets - the circular service (CISE) network.

A CISE network however requires unprecedented levels of cooperation and coordination between participants, leading to high administrative costs and the need for trust and transparency in the network. CISE networks are a totally different way of doing business, requiring different financial, legal and governance structures. Would it be possible for assets to be owned and procured by a network that creates value from them? Could this, simultaneously, reduce administrative costs?

Circular economy strategies have been under development in European cities, regions, and countries in the last few years. 33 strategies have been adopted since 2014, and at least 29 more are under development. Existing strategies were reviewed for this study, to identify similarities and differences, and to assess the involvement of civil society organisations, and potential for collaboration.

The study argues that documents developed in the future should put more focus on including broader sections of value chains, and on ensuring inclusive partnership approaches in all phases of the strategy’s cycle. To date, circular economy strategies show different degrees of inclusiveness in terms of value chains and partner involvement. Limited inclusive approaches can be explained by the exploratory nature of most strategy documents. This includes a stronger involvement of civil society organisations in earlier phases of strategy development, and not just for dissemination and citizen involvement.

The study highlights the role of the European Circular Economy Stakeholder Platform in gathering and sharing civil society’s knowledge and making sure it is fed into the policy cycle for circular economy.