(EN) (PDF) – LIFE and the Circular economy | EU Bookshop

The EU Circular Economy Package adopted by the European Commission in December 2015 is a key milestone on the road to a low carbon, resource efficient future. The circular economy is the most important deliverable of the EU’s Roadmap to a Resource Efficient Europe, which sets out a vision for the structural and technological changes needed in order to transform Europe’s economy into a sustainable one by 2050. Europe needs to move away from a ‘linear’ economic model that is resource intensive and unsustainable towards a more ‘circular’ approach, where the value of products, materials and resources is maintained in the economy for as long as possible, and the generation of waste minimised. This transition is an essential requirement to ensure a sustainable, low carbon, resource efficient and competitive economy. Getting maximum value from resources requires action at all stages of the life-cycle of products, from the extraction of raw materials to product design, production and distribution of goods and through increasing use of secondary raw materials. Economic actors, such as business and consumers, are key to driving this process. LIFE – the EU financial instrument supporting environmental, nature conservation and climate action – is playing an important role in supporting the transition to a circular economy. This publication features more than 100 LIFE projects that illustrate how the circular economy works in practice. These projects have mobilised some €270 million in favour of the circular economy, and the EU has contributed more than €110 million of this total. For instance, LIFE has helped to increase citizens’ awareness and to establish new processes for preventing waste. LIFE has also contributed to ‘closing the loop’ upstream in areas such as product design, new production processes, consumer awareness and new value chai ns. Since 2014, LIFE Environment and Resource Efficiency projects have prioritised the shift towards a circular and green economy through actions spanning the value chain, industrial symbiosis and the use of secondary resources. This has been done through projects that promote environmental footprint methodology and green public procurement and projects linking regulatory, financial or reputational incentives to environmental performance. There are tremendous opportunities for business development and …

PDF file, 104 pages

via: EU Bookshop

Leave a comment

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s