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The Macroeconomics of the Circular Economy Transition

 The Macroeconomics of the Circular Economy Transition

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Author: 
Andrew McCarthy, Rob Dellink, Ruben Bibas
Publication Date: 
04/2018
Country: 
Other (International organisation)

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Contact: 
OECD Library

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. 

Roadmap towards the Circular Economy in Slovenia

The Roadmap towards the Circular Economy in Slovenia sets the path for Slovenia to become a circular economy front runner in the region. Designed through an inclusive, multi-stakeholder approach, it identifies four priority sectors, give recommendations to the government and identifies best practices. The Roadmap introduces the Circular Triangle, a model which unites three inseparable elements – Circular Economy (business models), Circular Change (government policies) and Circular Culture (citizens), three interdependent aspects that are at the core of systemic change from a linear to a circular economy in Slovenia.

05 Sep 2018 to 07 Sep 2018
Technologies & Business Models for Circular Economy

The TBMCE will be devoted to presentations of circular economy concepts, technologies and methodologies that contribute to the shift of business entities and society as a whole to a more responsible, circular management of resources.

Renuevas: a Ecoembes-Danone collaboration to increase away-from-home recycling rates

Renueva project - educating session
Country: 
Spain

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The ReNueva project of Aguas Danone has been launched to develop its commitment to recycling and reusing plastics, with funding from the Danone Ecosystem Fund; a fund created by Danone at a global level. It aims at increasing recycling in the away-from-home market, while simultaneously training and creating jobs for disabled or socially excluded people.

Public Procurement for a Circular Economy

Public Procurement for a Circular Economy

Circular Procurement brochure

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Author: 
ICLEI
Publication Date: 
10/2017
Country: 
EU

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Contact: 
Ashleigh McLennan

In order to support public purchasers to leverage support for a transition to a circular economy, in October 2017 the European Commission published 'Public Procurement for a Circular Economy'. This brochure contains a range of good practice case studies as well as guidance on integrating circular economy principles into procurement.

03 Oct 2018 to 05 Oct 2018
Nijmegen, The Netherlands

Event type:

City: 
Nijmegen
Country: 
Netherlands

Key Area:

Registration is now open for the EcoProcura 2018 conference on sustainable, circular, and innovation procurement.

The interactive programme will present, discuss and identify ways of using procurement as an effective tool in the strategic decision making process of a public authority. It will focus on important policy areas for a sustainable, innovative and circular future. 

30 May 2018
How do we assess projects' circularity?

A specific task of the SCREEN project is dealing with a common agreement on a specific set of "evaluation criteria for circular economy projects".

01 May 2018
Glasgow leads the circular events challenge initiative

Three circular solutions – developed by over 60 people from 13 countries across the world – are set to help transform Glasgow's thriving events industry.

07 Jun 2018
Policy Conference of EUSEW 2018

This year edition of the EU Sustainable Energy Week will host a session titled ' Circular Economy – Energy and More'  on the 7th of June at 11.00-12.30 in Brussels.

Making Things Last: a circular economy strategy for Scotland

Making Things Last
Publication Date: 
02/2016
Country: 
United Kingdom

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Contact: 
Colin MacBean

This strategy sets out our priorities for moving towards a more circular economy - where products and materials are kept in high value use for as long as possible.

It builds on Scotland's progress in the zero waste and resource efficiency agendas. A more circular economy will benefit:

  • the environment - cutting waste and carbon emissions and reducing reliance on scarce resources;
  • the economy - improving productivity, opening up new markets and improving resilience; and
  • communities - more, lower cost options to access the goods we need with opportunities for social enterprise.

​Realising these benefits will mean rethinking our approach to how goods are supplied, how they are used, and what happens at the end of products' lifetimes. In this strategy, we are prioritising four areas, although we will also take action elsewhere:

  • Food and drink, and the broader bio-economy: food waste is a significant source of carbon emissions; and a more circular approach to the beer, whisky and fish sectors, for example, could lead to potential savings of half a billion pounds per year;
  • Remanufacture: remanufacture is already contributing £1.1 billion per year to Scotland's economy with potential to grow by a further £620 million by 2020;
  • Construction and the built environment: construction accounts for about 50% of all waste in Scotland and is a major influence on efficient use of resources;
  • Energy infrastructure: there are considerable opportunities such as the reuse of equipment from wind turbines and decommissioned oil and gas platforms. Our ambition for waste prevention and using resources more efficiently is fundamental to achieving a more circular economy.
24 Feb 2019 to 27 Feb 2019
World Resources Forum 2019

WRF 2019 will host a series of ‘deep-dive’ workshops as part of the conference program and invites interested organisations to design and submit a workshop proposal now.

Keeping Customer Connections

Keeping Customer Connections

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Author: 
Anna Vinogradova, Walmart, David Rakowski, PA Consulting
Publication Date: 
03/2018
Country: 
United Kingdom

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Key Area:

Sector:

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Contact: 
Stella Chavin

The circular economy offers a new way of looking at the relationships between markets, customers and our use of resources. It uses innovative new business models and designs, disruptive technologies and reverse logistics to transform the current ‘take, make, dispose’ economic model. Circular initiatives work to three principles of designing out waste and pollution, keeping products and materials in use and regenerating natural systems. 

Highlighting that many retailers are already tapping into circular economy thinking, this report is the output of a Collaborative Project carried out by Arizona State University, Cranfield University, eBay, Kingfisher, PA Consulting, Philips, Stuffstr and Wrap to identify new ways of working to generate value, discover new business opportunities and reduce resource costs - strategies which fundamentally change the relationship these retailers have with customers.

From waste to resource productivity: evidence and case studies

From waste to resource productivity: evidence and case studies

From waste to resource productivity: evidence and case studies

All societies produce waste, though its characteristics and what happens to it depend on cultural, economic and political factors at local, national and global scales. New business models, technological innovations and social enterprise have the potential to reduce waste. Policymakers have a key role to play in supporting these efforts by fostering better communication between stakeholders; through regulation that prioritises reuse and quality recycling; and by encouraging resource efficiency through education, research and manufacturing initiatives.

24 Feb 2019 to 27 Feb 2019
 World Resources Forum 2019 - Closing loops

WRF 2019 will host a series of ‘deep-dive’ workshops as part of the conference program and invites interested organisations to design and submit a workshop proposal now.

04 Jun 2018
Exposition de produits et solutions de l’économie circulaire  en Auvergne-Rhône-Alpes

Les Rencontres de l'économie circulaire en Auvergne-Rhône-Alpes se dérouleront le 4 juin 2018 à l'Hôtel de Région de Lyon.

European regions toward Circular Economy

The CircE Project (European regions toward Circular Economy) involves 8 partners both at regional and local scale and representatives of different European social and economic scenarios. The project aims at strengthening the diffusion of Circular Economy in Europe, consistently with the European Commission’s Circular Economy Package (2015). In particular the project aims at helping the partners involved to increase the capability of their policy instruments to steer economy towards a circular model. The project carries out this task by aiming at modifying or readdressing the selected policy instruments through an exchange of knowledge/experiences among Partners, through a continuous involvement of Stakeholders and through a deeper analysis of economic system.

How the Circular Economy can benefit from the Digital Revolution

How the circular economy can benefit from the digital revolution

How the Circular Economy can benefit from the Digital Revolution

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Author: 
Romain Pardo
Publication Date: 
04/2018
Country: 
Belgium

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Contact: 
Rebecca Castermans

In a circular economy, materials are more durable and easier to repair, reuse and recycle while waste is turned into a resource. In addition, processes from production to waste management become more resource efficient. Innovative business models enable companies to create value by selling services rather than products. Digital technologies will be pivotal in bringing about this systemic change. The European Union has to make the most of digital solutions for the benefit of a circular economy. This requires addressing the barriers to their uptake, enabling the free flow of data across borders, fostering trust in the data economy, and maximising synergies between the digital and circular economy agendas.

KATCH_e: Knowledge Alliance on Product-Service Development towards Circular Economy and Sustainability in Higher Education

KATCH_e: Knowledge Alliance on Product-Service Development towards Circular Economy and Sustainability in Higher Education

KATCH_e: Knowledge Alliance on Product-Service Development towards Circular Economy and Sustainability in Higher Education
Brochure
Author: 
Irina Celades
Publication Date: 
09/2017
Country: 
Portugal

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Contact: 
Cristina Sousa Rocha

The Knowledge Alliance on Product-Service Development towards Circular Economy and Sustainability in Higher Education (KATCH_e) is a 3-year EU funded project that was launched in January 2017. KATCH_e brings together 11 partners from four EU countries to address the challenge of reinforcing the skills and competences in the field of product-service development for the circular economy and sustainability in the construction and furniture sectors. It develops training materials targeting universities, researchers, practitioners and businesses for the development of sustainable product-services. The main results of KATCH_e are:

  • KATCH_e Curriculum;
  • KATCH_e Course with 10 Modules;
  • MOOC;
  • KATCH_e Tools;
  • Innovative product ad product-service concepts;
  • Business strategies towards circular economy;
  • Didactic recommendations for learning approaches on circular economy.

Circularity Gap Report

Circularity Gap Report

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Author: 
Marc de Wit , Jelmer Hoogzaad, Shyaam Ramkumar, Harald Friedl , Annerieke Douma
Publication Date: 
01/2018
Country: 
Netherlands

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Contact: 
Melanie Wijnands

Our world economy is only 9.1% circular, leaving a massive ‘"circularity gap". This alarming statistic is the main output of this first Circularity Gap Report, in which we launch a metric for the circular state of the planet. The Circularity Gap Report provides a framework and fact-based to measure and monitor progress in bridging the gap, year on year. Being able to track and target performance via the Global Circularity Metric will help us engage in uniform goal-setting and guide future action in the most impactful way. Closing the circularity gap serves the higher objective of preventing further and accelerated environmental degradation and social inequality. The transition to circularity is, therefore, a means to an end. As a multi stakeholder model, a circular economy has the ability to unite a global community behind an action agenda, engaged and empowered both collectively and individually. Its systemic approach boosts capacity and capability to serve societal needs, by embracing and endorsing the best humankind has to offer: the power of entrepreneurship, innovation and collaboration.

16 May 2018

Tthis event will discuss the key barriers to the market transformation and the policy mix needed to remove these barriers and accelerate a large scale adoption of circular economy business models, technologies and practices.

The Role of Business in the Circular Economy: Markets, Processes and Enabling Policies

The role of business in the circular economy: Markets, processes and enabling policies

The circular economy is attracting significant interest worldwide, as evidenced by the numerous government strategies, business commitments and partnerships devoted to its development. At the EU level, the Action Plan for the Circular Economy and several other policy documents have demonstrated a strong commitment to move towards a low-carbon and circular economy. While the calls for a new economic model grow louder, it is clear that the transformation of markets and industries on a large scale will not be an easy achievement. It will require well-designed and ambitious policies to foster the transition as well as new business models. Against this background, CEPS brought together executives from major multinational companies as well as representatives of business associations, non-governmental organisations and research institutes to form a Task Force charged with tackling the immense challenges associated with the circular economy. This report is the outcome of their deliberations. It analyses the key obstacles that need to be addressed, explores numerous policy areas at the EU and national level where support can act as a catalyst for market transformation, and puts forward actionable policy recommendations.

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