The Commission adopted a new Circular Economy Action Plan - one of the main building blocks of the European Green Deal. The new Action Plan aims to make the economy fit for a green future, strengthen competitiveness while protecting the environment and give new rights to consumers.
The new Plan focuses on the design and production for a circular economy, with the aim to ensure that the resources used are kept in the EU economy for as long as possible.
Executive Vice-President for the European Green Deal, Frans Timmermans, said:“To achieve climate-neutrality by 2050, to preserve our natural environment, and to strengthen our economic competitiveness, requires a fully circular economy. Today, our economy is still mostly linear, with only 12% of secondary materials and resources being brought back into the economy. Many products break down too easily, cannot be reused, repaired or recycled, or are made for single use only. There is a huge potential to be exploited both for businesses and consumers. With today's plan we launch action to transform the way products are made and empower consumers to make sustainable choices for their own benefit and that of the environment.”
The transition towards a circular economy is already underway, with frontrunner businesses, consumers and public authorities in Europe embracing this sustainable model. The Commission will make sure that the circular economy transition delivers opportunities for all, leaving no one behind.
Full press release on European Commission
Related press release on BusinessEurope: Strong EU circular economy is a win-win for environment and business
Related press release on EUbusiness: Circular economy needs harmonised approach across Europe and whole supply chain involved
© European Commission
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