The European Commission published a comprehensive report on the implementation of the Circular Economy Action Plan which was adopted in December 2015 to give a new boost to jobs, growth, and investment and to develop a carbon neutral, resource-efficient and competitive economy.
All 54 actions under the plan launched in 2015 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 trailblazer 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."
Read the whole report here