The "No time to waste: unlocking the circular potential of the Baltic Sea Region" report, prepared by Politiyka Insight for the 10th annual forum of the EU Strategy for the Baltic Sea Region (BSR) attempts to review the state of circular economy in that region, while assessing the challenges and opportunities connected with a circular transition. The report also looks into the future by trying to identify key trends that will impact the BSR countries until 2030, and on that basis project the future development of the circular economy, along with alternative scenarios.
The report shows that as of 2019 only Finland and Germany have adopted a circular economy strategy, while Poland, Estonia and Sweden are drafting one. On the other hand, there are circular economy projects active or planned in all countries neighbouring the Baltic sea, except for Lithuania and Latvia. According to its baseline scenario, "the transition to a circular economy will only happen partially. Cooperation between the BSR countries will remain on a roughly the same level, with EU policy as the main unifying factor. The most significant changes will be visible in the production sector".