The European Commission today published a comprehensive report on the implementation of the Circular Economy Action Plan it adopted in December 2015. All 54 actions under the plan have now been delivered or are being implemented. This will contribute to boost Europe's competitiveness, modernise its economy and industry to create jobs, protect the environment and generate sustainable growth...
The report presents the main results of implementing the action plan and sketches out open challenges to paving the way towards a climate-neutral, competitive circular economy where pressure on natural and freshwater resources as well as ecosystems is minimised. First Vice-President Frans Timmermans, responsible for sustainable development, said: "Circular economy is key to putting our economy onto a sustainable path and delivering on the global Sustainable Development Goals. This report shows that Europe is leading the way as a trail blazer for the rest of the world. At the same time more remains to be done to ensure that we increase our prosperity within the limits of our planet and close the loop so that there is no waste of our precious resources." Vice-President Jyrki Katainen, responsible for jobs, growth, investment and competitiveness, said: "This report is very encouraging. It shows that Europe is on the right track in creating investment, jobs and new businesses. The future potential for sustainable growth is huge and Europe is indeed the best place for an environmentally-friendly industry to grow. This success is the result of European stakeholders and decision-makers acting together." The findings of the report will be discussed during the annual Circular Economy Stakeholder Conference taking place in Brussels on 6 and 7 March. Today Eurostat is also publishing Euro-indicators on the circular economy, which can be found here. A press release and MEMO are available online.