«INTRODUCTION
The Paris Agreement calls for bold action to mitigate climate change.1 This cannot be achieved by renewable energy and energy efficiency alone and requires a fundamental shift in the way we produce, use and recover materials and products.The circular economy is “restorative and regenerative by design, aiming to keep products, components, and materials at their highest utility and value at all times”. 2 It is a far-reaching concept aiming to optimise the way our economies deliver upon societal needs, and can play a crucial role in realising the transformational change needed to meet European climate targets.3
Climate change and circular economy policies are complementary, yet the potential synergies between these two policy fields are under-utilised and far from optimised. Important first steps toward a low-carbon circular economy are being taken by the European Union (EU) and front-running member states such as Finland, France, Germany, The Netherlands and the United Kingdom.
This study forms part of a broader project led by the European Climate Foundation’s Industrial Innovation for Competitiveness (i24c) initiative, which seeks to quantify the emissions reduction potential of circulaODUCTION
The Paris Agreement calls for bold action to mitigate climate change.1 This cannot be achieved by renewable energy and energy efficiency alone and requires a fundamental shift in the way we produce, use and recover materials and products.
The circular economy is “restorative and regenerative by design, aiming to keep products, components, and materials at their highest utility and value at all times”. 2 It is a far-reaching concept aiming to optimise the way our economies deliver upon societal needs, and can play a crucial role in realising the transformational change needed to meet European climate targets.3
Climate change and circular economy policies are complementary, yet the potential synergies between these two policy fields are under-utilised and far from optimised. Important first steps toward a low-carbon circular economy are being taken by the European Union (EU) and front-running member states such as Finland, France, Germany, The Netherlands and the United Kingdom.
This study forms part of a broader project led by the European Climate Foundation’s Industrial Innovation for Competitiveness (i24c) initiative, which seeks to quantify the emissions reduction potential of circular economy strategies in the EU. (...)»
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