The framework for inclusive circular trade is designed to help guide trade and trade-related circular economy and development policies, practices and agreements to ensure these all work towards a shared goal of an inclusive circular economy.

This paper sets out a framework for inclusive circular trade, intended to enable a pathway in which circular trade helps to promote fair, inclusive and circular societies. The framework was developed through the work of an alliance of organizations spanning Africa, Southeast Asia, Latin America and the Caribbean, and Europe.

Chatham House does not express opinions of its own. The opinions expressed in this publication are the responsibility of the authors. A Spanish translation of the paper is also available as a PDF.

This study highlights that, while international trade has a vital role to play, policy responses to-date have largely been designed at the national level and in an uncoordinated manner.

ICC Secretary General John W.H. Denton says that "the report shines a light on how well-intentioned national policies are inadvertently hindering the adoption of circular solutions in the real-economy. Simply put: the transition to a circular economy can only be enabled at scale by harnessing the power of cross-border trade to unlock economies of scale and comparative advantages. We hope our analysis will serve as a clarion call for a concerted global effort under the auspices of the World Trade Organization to enable new patterns of trade capable of meeting global climate and sustainability goals".

Given the need to take biodiversity more into account in circular economy projects, this study aims to stress the links between the two and to clarify the role played by the circular economy in preserving ecosystems.

Several guiding circular economy principles contribute to reducing the impacts of our activities on ecosystems, such as non-toxicity, optimisation of resource management, promotion of renewable resources and looping of flows. The study also highlights the fact that each lever for implementing the circular economy can and should factor in biodiversity: land-use planning, normative framework, innovation, awareness raising and training, and economic support.

This report is published by the Cyprus Federation of Employers & Industrialists (OEB), the Institute of Greek Tourism Confederation (INSETE) and the public policy consultancy adelphi (Germany) as part of the European project Hotels4Climate financed by EUKI.

The report aims to assess the current state of circularity in the hotel industry in Cyprus and Greece by conducting national surveys in both countries targeting hotels in order to:

• identify the priority sectors within the main services offered by hotels, the business challenges and opportunities to move to circular economy,
• create successful, flexible and resilient circular business models, and
• identify a number of internal and external barriers that raise obstacles to the transition to circular economy.