It is still evolving, and coming from the same sort of pure material flow, pure industrial policy, into something which is more aimed at design. The challenge is the narrative and making sure that people who are putting that to the public describe it in a systemic way. Is circular economy something new, or a continuation of ongoing efforts? The circular carbon economy (CCE) concept provides a holistic, flexible, and pragmatic framework for countries to plan their respective contributions toward the commonly agreed climate goals. We spoke with Joss to understand the policy landscape across Europe and beyond, whats motivating different nations to create .css-63febw .e716bcn3:hover+.e716bcn2{visibility:visible;}.css-1r0g86b{cursor:help;}circular economy.css-iq7jxc{background-color:#f2f2f2;box-shadow:0px 12px 16px -4px rgba(16, 24, 40, 0.08),0px 4px 6px -2px rgba(16, 24, 40, 0.03);border-radius:8px;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-align-items:flex-start;-webkit-box-align:flex-start;-ms-flex-align:flex-start;align-items:flex-start;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:flex-start;justify-content:flex-start;padding:12px;gap:4px;position:absolute;left:0px;top:25px;z-index:99999;width:auto;max-width:320px;visibility:hidden;cursor:help;-webkit-transition:visibility ease-out 0.1s;transition:visibility ease-out 0.1s;}.css-iq7jxc:hover{visibility:visible;}.css-iq7jxc .tooltip-label,.css-iq7jxc .tooltip-definition,.css-iq7jxc .tooltip-link{font-size:12px;line-height:16px;letter-spacing:0.0015em;}.css-iq7jxc .tooltip-label{font-weight:bold;text-transform:capitalize;}.css-iq7jxc .tooltip-definition{font-weight:normal;}.css-iq7jxc .tooltip-link-label{font-family:'Arial',sans-serif;}.css-iq7jxc dfn{font-style:normal;}circular economyA systems solution framework that tackles global challenges like climate change, biodiversity loss, waste, and pollution. Based on their strategies and ambition to transition to a circular economy, Colgate-Palmolive, Coca-Cola and Pepsi are the top three brand owners, while Borealis, Braskem and Dow are at the front of the pack among plastic producers. As soon as this statistic is updated, you will immediately be notified via e-mail. India plans to push back against "agenda-driven", "neo-colonial" country rankings produced by global agencies on topics like governance and press freedom, a key advisor to Indian Prime Minister . As more businesses are moving towards renewable energy, Sustainability Magazine takes a look at the companies are leading the way to change in 2023. Companies in France are required to reuse, donate, or recycle their unsold products, including food. All data comes from Eurostat except for food waste estimates, which come from a report by the European Parliament. So its largely a top-down materials management strategy, which has some elements of circularity because youre going to recapture some materials and make sure you dont have any processes that jeopardise the availability of materials. Having said that, if you want to look at an impartial assessment, the European Environmental Agency, which is an official body of the European Union, has examined circular economy and resource efficiency policies across 34 countries. Explore our profiled universities to see how institutions are working towards a circular economy in different ways from teaching to campus management. Whats more, the Chinese economy has matured. The methodology used in its analysis takes the socioeconomic metabolism of the countryhow resources flow through the economy and are in long-term useas the starting point for measuring and capturing its level of circularity. Oops! Ranking behind it were the Netherlands with 24.5 percent, and Austria with 9.7 percent. Amsterdam has also attracted headlines around the world for combining socioeconomic considerations with the circular economy and the adoption of Doughnut Economics. POLITICO researched the data for seven of the Commission's key metrics and ranked each of the European Union's 28 countries. From a European perspective its clear that the EU Commission has taken the lead on this, seeing as the principle of a circular economy package was adopted in June 2014, which is quite a long time ago already. "Estimated Revenue Generated from Circular Economy Transactions in 2022 and 2026 Worldwide (in Billion U.S. It is a country committed to circular economy and, in addition to the actions set at national level, it works hand in hand with neighbouring countries. Latest news, analysis and comment from POLITICOs editors and guest writers on the continent. And that of course is going to have an impact on policy. By logging in, you confirm acceptance of ourPOLITICO Privacy Policy. Since hosting COP25, Chile has made great strides in environmental areas and its Roadmap for a circular Chile by 2040, published in June 2021, is an important pillar. The MSCI Circular Economy Indexes represent the next leap forward. Is it even possible, or worthwhile, to compare countriesand can the metrics we do have really paint the whole picture? Another factor that reduces the circularity of Western and Northern European countries is their tendency to produce a lot of garbage. Cities and regions have a key role to play as promoters, facilitators and enablers of circular economy. However, the government has ambitious goals: an economy that is 50% circular by 2030 and 100% circular by 2050. A paid subscription is required for full access. The United Nations Development Programme's Human Development Report 2020 highlights the need to design . Some EU countries have already adopted Theyre also a very advanced economy, with a lot of precise industrial processes in place. All of this means that were starting to see a picture emerge whereby legislators gradually understand that you cant just take one topic and implement circular economy through one lens only. To this end, the European Commission has launched in 2015 a Circular Economy Action Plan including a monitoring framework to measure progress and to assess the effectiveness . But to be clear Im not saying theres a direct link between Lean and circular, the point here is that Lean involved a major mindset shift, it questioned the existing processes and therefore opened the door to different approaches. The Dutch government has an ambitious project to become a country 100% based on circular economy by 2050. For example, burning waste for energy, a common practice in Nordic countries, minimizes landfilling but doesn't help boost recycling and reuse rates, so it's not very circular and didn't help a country's ranking. We assessed the circular economy development levels of 31 Chinese provincial regions in 2017 using data envelopment analysis (DEA) in this study. This also produces the Circularity Gapthe measure of materials that are wasted, lost, built into long-lasting stock or not usefully cycled back into the economy, explains Matthew Fraser, CGRi lead. This plan included 54 measures to "close the loop" of the product life cycle and was mainly focused on 5 sectors, including construction and demolition. As a result, companies, public administration and society in general have increased their interest and awareness of resource management. Our infographic focusing on the concept of circular economy, what can we measure, and business models in a circular economy. al (2017). It focuses on design and production, with the aim of ensuring that resources remain in the economy for as long as possible. But a lot of smart people are working on it. Not-for-profit organisation Circle Economy, for example, has, for many years, come up with a global circular economy metric; the Platform for Accelerating the Circular Economy has a working group looking at metrics; while the United Nations Industrial Development Organisation (UNIDO) is also looking to devise them. Beyond European policies, each country has different circular economy regulations and we find a great disparity between them. To use individual functions (e.g., mark statistics as favourites, set The Czech Republic came fourth in the overall ranking, buoyed by having the third-lowest level of municipal waste and the fifth-lowest food waste score out of all 28 countries. Episode 2: Business value in a circular economy. The Index is designed to represent the performance of companies focused on protecting natural resources through their products or services, or through their management of related issues. As such, the measurements look at every stage of consumption and post-consumption. The two metrics that most closely align with the final ranking are the number of patents and investment and jobs in circular economy sectors. , Oct 13, 2022. The national Sword policy is basically a message to Western economies, loosely interpretable as dont send us your rubbish anymore. The circular economy is more than just a buzz phrase. Todos los derechos reservados. And of course, the Dutch were advanced before the circular economy package was announced, yet it wasnt a fully-fledged national roadmap. One of the challenges is not only about measurement it is also about identifying the right indicators, says Burdett. It would be great if it was something to vote for. Circular economy activity so far has mostly been associated with waste management, and emerged out of downstream considerations. Some countries in Europe have been talking about circular for longer, but its gaining a lot of traction across the globe, she says. Show publisher information When it comes to the global circular economy, how do we measure progress and who is leading the way? But policy issues can cross continents, such as Chinas decision to ban imports of plastic. Estimated revenue generated from circular economy transactions in 2022 and 2026 worldwide (in billion U.S. dollars) [Graph]. The author focuses her CE-related reflections and research in this paper on the macro-level (research . China has had circular economy in its policy since the early 2000s. Countries around the world are trying to implement a circular economy, or at least its fundamental elements. And you have to remember that when the Juncker commission came into office and hinted that they might push circular economy aside because it was perceived as an environmental agenda, there was backlash from some of the early big private sector adopters. They have been pitched up against each other sometimes, which wasnt helpful. But the latest Circular Economy Policy Portfolio, which came out in 2017, looks at eco-design (both as a concept and as a policy) and extended producer responsibility and its a massively important step. Why doesnt the jobs, growth and competitiveness theme that is driving circular economy momentum in Europe work in the US? It is centrally planned, focuses on cleaner production, and resonates with industrial ecology principles., Japan is another early circular economy innovator, with a number of policies introduced since the early 2000s to reduce, reuse and recycle. The circular economy can provide a policy response to cope with the above challenges, as a driver for economic growth, jobs and environmental quality. In addition, surprisingly, the country ranking partially confirms the effort made in global manufacturing countries, like China and Japan, with the aim of mitigating the . A densely populated, highly industrial and resource-constrained country, Japan adopted ambitious waste-management policies early. dollars)." Some exercises, such as the Lean Manufacturing strategy that was implemented by Toyota, have made a big mark on people. Japan is somewhat different: in the late 90s and early 00s, they had a very comprehensive exercise of mapping all the material flows, so whats coming in and whats going out, asking how can we make better use of it?, because Japan is very resource and space constrained. And all I can hear now is very loud silence coming from the Americans at federal level. The Dutch government is one of the most ambitious European countries in terms of striving to establish a circular economy. On the topic of the G7, the International Resource Panel has been mandated officially by the G7 to come up with guidelines and advice for policymakers which is very good. For the empirical analysis, we applied 17 Eurostat . Then you can access your favorite statistics via the star in the header. As long as its seen as a waste-oriented agenda, its going to be associated with lower quality products, less choice, sacrifices. Because it was the first one, other governments tend to look at it and say how have they done it? and replicate the bits that work and that they can adapt. We develop and promote the idea of a circular economy, and work with business, academia, policymakers, and institutions to mobilise systems solutions at scale, globally. The purpose of this contribution is to develop a Circular Economy Composite indicator to benchmark EU countries performance. What Im getting at with this is the fact that Europe started looking at this from two different perspectives. using a basic framework and a framework that imposes common weights to enforce a full ranking of the countries. Get in touch with us now. France, our neighbouring country, has favourable legislation and a clear speech on circular economy and eco-innovation. As a Premium user you get access to background information and details about the release of this statistic. How do their circular economy practices differ from Europe? They have hadsince 2010 something called the German Mineral Resources Agency,which deals with those flows. *Adapted from Circular Economy: Measuring Innovation in the Product Chain by Potting, et. Europe is the leading continent right now. Luxembourg's priorities include eco-innovation and circular economy, and public administrations are implementing many measures to achieve the objectives in these areas. Where it fits for a particular country can make a difference to how the topic is addressed., Burdett points to an example, in the UAE, of how an integrated approach can be most effective: The WEFs Scale360 circular innovation initiatives national advisory board became the UAE Circular Economy Council, where there are now four ministries involved, in addition to private sector leaders., Burdett also gives an example of how regulations can impact on how materials are allowed to be used in the design of remanufactured products. However, assessing which nations are ahead of the pack on circularity is not as straightforward to measure as with a linear economy model. If you are an admin, please authenticate by logging in again. Key issues include: biodiversity and land use and packaging material and waste. But people recognise more and more that it really is a question of shifting the system towards something which is more competitive and has many benefits. ACEA is largely public-sector focused, while the Africa Circular Economy Network is more private-sector focused, and they work closely together, says Burdett. "Estimated revenue generated from circular economy transactions in 2022 and 2026 worldwide (in billion U.S. Heightened concerns about environmental, social, and economic degradation magnify the importance of moving to a circular economy. Its not just the factory of the world, churning out cheap products. Exactly. View CIRC exchange traded fund data and compare to other ETFs, stocks and exchanges. Construca undertakes the design of Torre DAra new co-working space, Healthy workplaces to improve well-being and productivity, Grupo Construca and its commitment with SDGs, Moving towards circular economy and zero waste, A construction that generates positive impact, Construca installs the new offices of Haya Real Estate, Weve opened new offices, circular and waste-free, Subscribe to our newsletter to know more about us. The objectives include a 30% reduction in national consumption of materials, a 15% reduction in the generation of waste and a reduction in greenhouse gas emissions below 10 million tonnes of CO2. The WEFs Circular Economy for Net Zero Industry Transition initiative aims to raise the decarbonisation ambition for harder-to-abate materialssteel, cement, chemicals and aluminiumand help those industries realise a 1.5-degree pathway by catalysing scalable circular economy solutions, taking in stakeholders from the material supply side and key demand-side industries to facilitate collaborations along value chains on circular economy solutions. Included in the plan were 54 measures to "close the loop" of the life cycles of products, mainly focusing on five sectors, including construction and demolition. It is necessary to encourage more investment and establish real policies that contribute to progress towards circular economy. It aims to become a country whose economy is 100% built on circularity by 2050. While its policies have not always been explicitly linked to the circular economy, they are a source of inspiration for many practitioners.. The budget law has enabled the establishment of a public investment fund to promote innovative projects in sustainability, circular economy, sustainable tourism, decarbonisation. Our consumption-based measurementwhich measures all resources, materials and products used to provide for societal needsextracts a single measurement of circularity that reflects where a country, or the globe, is in its circularity journey. For example, here is the African Circular Economy Alliance [ACEA], and the World Circular Economy Forum 2022, to be held in Rwanda later this year, showing how countries are working together on a regional level.. Suez, Philips, Unilever and Michelin sentan open letter toJunckersaying dont drop this. Invest in education. III Encuentro Expansin-Grupo Construca "Hacia el impacto Neto Positivo", Pioneros en la obtencin de la ISO 20400 de Compras Sostenibles, Grupo Construca y GBCe renuevan el compromiso para transformar el sector de la construccin en fuerza de cambio positivo, Celebramos el Da de las familias con la Fundacin Theodora, Empresas, Administracin y Universidad destacan el impacto positivo de la construccin circular, Grupo Construca celebra sus primeros 20 aos de trayectoria impulsando la construccin circular en Espaa y Portugal, Paloma Martn, Consejera de Medio Ambiente, Vivienda y Agricultura de la Comunidad de Madrid, anuncia la aprobacin de la Ley de economa circular, El Puerto de Barcelona inaugura "Escaleras y Mirador Vela" un proyecto ejecutado por Construca, Grupo Construca apoya el 50 aniversario de la UPC, El CN Barcelona se ala con Grupo Construca y Myrtha Pools para la transformacin de sus instalaciones, CAATEEB y Grupo Construca impulsarn la innovacin y el talento en la construccin circular, Grupo Construca firma el stand circular de Simplr en el saln 4YFN del Mobile World Congress, La UPC y el Grupo Construca crean una ctedra de empresa para impulsar el talento en economa circular, Grupo Construca prev cerrar el ao 2021 con una facturacin de 150 M, Construca se incorpora como socio y patrocinador plata a Green Building Council Espaa, Construca finaliza la nueva tienda de Primark en Marbella, Comienzan las obras de MAD4, el nuevo centro de datos de Interxion, Construca se incorpora a la Asociacin Madrid Capital Mundial de la Construccin, Ingeniera y Arquitectura (MWCC), La economa circular como estrategia empresarial, Paris Fonds Vert se incorpora como accionista en Construca, La primera firma circular del edificio: una herramienta para lograr la construccin circular, Avanzan las obras del nuevo proyecto de Construccin Circular, Impulso para la construccin circular en Europa, rima encarga a Construca el que ser su proyecto estrella de oficinas sostenibles. This is why getting the language and the proposition right is so important. A circular economy seeks to: maximise the value of the materials that circulate within the economy; minimise material consumption, paying particular attention to virgin materials, hazardous substances, and waste streams that raise specific concerns (such as plastics, food, electric and electronic goods); prevent waste from being generated; In our country, the best results are found in resource efficiency. Here's a more detailed breakdown of the data. In this paper, we have analysed the level of advancement in circular economy (CE) in the EU-28 countries. 4 mins In our continuing series on the state of the circular economy, countries race to establish a model in their borders, but which countries are out in front? In studying materials inputs and outputs, a new challenge emerged: some outflow materials that could become inputs in another industry cannot be reused because they are classified as waste., This, again, highlights the importance of partnerships across the public and private sectors to ensure a more joined-up approach to initiatives and policies to foster circularity. China has experienced "11th Five Year" and "12th Five Year" to promote the development of circular economy through the whole country, and have made remarkable achievements. China recently released a new multi-year plan to develop the country's circular economy, with the hopes of increasing resource efficiency, spurring innovation, and meeting climate commitments. The Dutch's "A circular economy in the Netherlands by 2050" sets the guidelines for the country to reach a fully circular economy by 2050. For each criterion, a ranking of 1 through 28 was calculated, and the final index is an aggregation of all seven rankings weighted equally. 2023 Construca. Ranking European countries on the basis of their environmental and circular economy performance: A DEA application in MSW Waste Manag. Phil Lattimore reports in this cover article from the March/April edition of Circular Magazine. By 2030, resource use is expected to be reduced by 50% and by 2050, a 100% circular and waste-free economy is expected. It's not something one country can achieve by themselves, but in recent years, certain nations have taken the lead by clearly embarking on major circular economy agendas. And the Commission really pushed on this when they asked the Secretariat General, which is a coordination mechanism that deals with all the Directorate Generals, to be in charge of circular economy and to coordinate. Which country is leading the circular economy shift? Many emerging circular innovations and business models in low- and middle-income countries offer new investment opportunities for urgently needed p rivate capital.. 6 The circular economy: Moving from theory to practice Special edition, October 016 Part one What the research says: Seven conclusions To create the report, we conducted more than 150 interviews, devised an economic model, and undertook the largest comparative study to date of the employment impact of a circular-economy transition. To look at it simply, in some cases the stuff that some countries used to send abroad is going to end up on their soil, and what if its contaminated? The unemployment rate is very low, growth is good They have plenty of energy,theyre going to be a net exporter. The Index is designed to represent the performance of companies that play key roles in addressing water scarcity through their products or services, or through their management of related issues. China was a very early adopter of the technical circular economy, and a leader in driving legislative packages that explicitly targeted the circular economy. It published the findingsin a report called More from Lessthat shows that even if it is going in the right direction its still very waste oriented. Latest news, analysis and comment on defense in Europe and beyond.
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