ABN AMRO, ING and Rabobank, all members of the FinanCE working group alongside FGGM and the Ellen MacArthur Foundation, have published the first publicly available finance guidelines for the circular economy in July 2018 as input to the High-Level Political Forum on Sustainable Development. These guidelines aim to promote and develop the role finance can play in the transition.
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Toolkits and guidelines
The EIB has already supported the transition to a circular economy with over €2.1 bn in project financing, including the first of a kind Äänekoski bio-pulp mill in Finland, the largest circular investment to date in Europe. This guide contains an overview of such projects, the bank's perception of the drivers to a circular economy, corresponding opportunities and potential business models.
As part of the Circular Economy Action Plan, the Commission has adopted EU food donation guidelines in order to facilitate the recovery and redistribution of safe, edible food to those in need. The guidelines have been developed in consultation with the EU Platform on Food Losses and Food Waste.
The workbook 'Organising for the Circular Economy - A Workbook for Developing Circular Business Models' supports companies and other organisations that aim to become circular by providing a unique model that highlights the various building blocks of circular business models. A concrete step-by-step approach allows organisations to work on the development of their own circular business model.
Guide to Circular and Green Economy in the local world: How to get into action and tools for local entities
The Guide to Circular and Green Economy in the local world was published as part of the 2016-2019 Business and Green Economy Economy Plan for Local authorities promoted by the Network of Cities and Peoples towards Sustainability. This guide is based on the experience of its authors as well as municipalities participating in the Workshops organised by the Generalitat of Catalonia.
The circular economy offers business leaders and government a clear opportunity for long-term growth that is less dependent on cheap materials and energy, and which can restore and regenerate natural capital. This report provides an actionable toolkit for policymakers who wish to embark on a circular economy transformation.
Information sharing, transparency and collaboration have been widely recognised as essential catalysts for a circular economy. To use one company’s ‘waste’ as ‘food’ for another, stakeholders need to access the right information at the right time. Information sharing often risks a stakeholder’s competitive advantage. Circularise develops an open communication protocol using blockchain technology.
The Guidelines for green start-ups provide an overview of the most relevant areas and issues for green entrepreneurs in order to facilitate the transition towards a climate-friendly economy, by avoiding the irreparable losses involved in unsustainable consumption and production. There is an overview of main barriers, key opportunities and financial instruments available.