Great insights from these EEA briefings on the status of Europe #circulareconomy. “Europe consumes a higher proportion of recycled materials than other world regions, although improvements have been limited in recent years.” This is spot on. Our recently published ‘Plastics the 𝘧𝘢𝘴𝘵 Facts’ shows a similar trend for circular plastics. It confirms that while Europe maintains the highest share of circular plastics (including recycled plastics) relative to its total production, progress is now stagnating, a fallout of continuous decline in competitiveness. Indeed, accelerating the transition to a circular economy has become a policy priority. Our Plastics Transition roadmap, which presents a pathway for achieving a circular economy for plastics in Europe, outlines practical policy measures. It stresses the need to incentivise low-carbon and circular business models and create demand drivers for circular plastics through legislation. This can be done through, for example, mandatory minimum recycled content targets or recycling rates based on the industry sector (e.g. packaging, building & construction waste, etc). It's true that the EU has an impressive portfolio of policies that support circularity. However, what we now need is smart implementation to better balance sustainability ambitions with industry competitiveness. Find out more in the Plastics Transition roadmap: https://bit.ly/3SiSgut
💡 New insights and data on Europe’s #circulareconomy: 🔄 Strong policies, knowledge and financing support circularity but Europe’s material flows are still predominantly linear. 🔄 Better waste collection and sorting and directing recyclables to more sustainable products can all improve quality of recycling. Two new circular economy briefings, published today ➡️ https://lnkd.in/dmSeg_bi #CircularEconomy #Sustainability #Recycling