BusinessEurope priority paper on circular economy in the next EU political cycle
Businesses across Europe are fully engaged to maximise the value of materials, transition to circular business models and achieve a circular economy. This can be best achieved through a functioning market for secondary raw materials (SRMs) and circular products. A real market for SRMs requires a global level-playing field with similar regulatory frameworks and standards, but within the EU several challenges and untapped opportunities still remain. Among others, BusinessEurope recommends policy-makers to put more emphasis on removing inconsistencies and filling the gaps in the current policy framework, starting with a better implementation of the existing waste acquis, including more guidance to Member States and performing ex-post impact assessments on the benefits of full compliance.