Business call for further action on Circular Economy

The Aldersgate Group, an alliance of businesses for sustainable economy, has published a call for action towards the Circular Economy and resource efficiency, “beyond” the EU Circular Economy Package. The group includes Anglian and Thames Water companies, Aviva, IKEA, Siemens, Marks & Spencers).  The call estimates that increased policy support for resource efficiency could add over €300 billion to EU business output by 2030. Beyond the current EU Circular Economy Package, the following actions are proposed: include resource efficiency in product standards, support innovation in resource efficiency (including through EIB European Investment Bank funding), include circular economy criteria in public purchasing, develop pricing mechanisms and fiscal incentives to support recycling, circulation of information and coherent definitions of “waste”.