European Union

The European Union circular Economy Stakeholder Programme is a part of the European Commission adopted action plan to help accelerate Europe’s transition towards a circular economy, boost global competitiveness, promote sustainable economic growth and generate new jobs. This action plan set out 54 measures to “close the loop” of product lifecycles: from production and consumption to waste management and the market for secondary raw materials. It also identified five priority sectors to speed up the transition along their value chain (plastics, food waste, critical raw materials, construction and demolition, biomass and bio-based materials). The new Action Plan announces initiatives along the entire life cycle of products, targeting for example their design, promoting circular economy processes, fostering sustainable consumption, and aiming to ensure that the resources used are kept in the EU economy for as long as possible.