The Ellen MacArthur Foundation has identified five universal circular economy policy goals that provide a framework for national governments, cities and businesses to create a transition that fosters innovation and decouples growth from finite resource consumption and environmental degradation.
As governments and industries around the globe move towards a circular economy, it is key to align ambitions and collaborate effectively. The five goals provide a blueprint for cooperation and the private and public sectors need to pull together to achieve them. The goals acknowledge that the relevant policies are interconnected, which will help avoid creating a patchwork of solutions.
Turuta is a project of mutual exchange and enrichment. Starting in 2010 as an experimental project of a new microeconomy, it gave birth to the "turuta market", based on a social currency called turuta (a traditional military march played during Carnival parades). This is used to pay for local goods and services, promoting local production and interchange. Each partner in the turuta market has an online account.
It is a living project being developed by the members of the association ECOL3VNG (local ecological economic ecosystem at Vilanova i la Geltrú, Barcelona). The collective history of this ecosystem is being written through minute-taking (agreements of Board, commissions and assemblies, i.e. the "legislation") and account-taking of the exchanges between partners.
The publication Towards A Circular Taiwan - 66 Circular Stories showcases 66 circular projects in Taiwan, which involve over 360 practitioners and partners. With a foreword by the President of the Republic of China (Taiwan), the book covers 4 main topics:
agro-food and biomass
textiles and plastics
construction and transportation
electronics and chemistry.
The book also showcases a "Circular Economy Transition Roadmap for Enterprises" which examines the WHY, WHAT and HOW elements in favour of a transition to circular economy. For each topic a chart of material flow is provided in order to show readers trends and opportunities in each specific sector.
This paper reviews the existing literature on modelling the macroeconomic consequences of the transition to a circular economy. It provides insights into the current state of the art on modelling policies to improve resource efficiency and the transition to a circular economy by examining 24 modelling-based assessments of a circular economy transition. Four key conclusions emerge from this literature. First, most models find that a transition to a more circular economy – with an associated reduction in resource extraction and waste generation – could have an insignificant or even positive impact on aggregate macroeconomic outcomes. Second, all models highlight the potential re-allocation effects – both between sectors and regions – that the introduction of circular economy enabling policies could have. Third, certain types of macroeconomic model are more appropriate for assessing the transition than others, notably due to their accounting of interactions between sectors and macroeconomic feedbacks. Fourth, of the assumptions that are fed into these models – those concerning future rates of productivity growth, the substitutability between different material types, and future consumption patterns – are key determinants of model outcomes.
