- 978-92-76-10527-5, KI-04-20-074-EN-N
- Datum publicatie
- 9 maart 2020
- Directoraat-generaal Onderzoek en Innovatie
- Betrokken departement
- Directorate-General for Research and Innovation
The lack of a commonly accepted and inclusive definition and circularity measurement methodology hampers the transition to a more circular economy. It obstructs the development and access to dedicated or non-dedicated finance, credit risk assessment, and the transferability and replicability of projects and investments across regions and jurisdictions.
To overcome this, the Expert Group on Circular Economy Financing proposes a sector agnostic circular economy categorisation system that defines categories of activities substantially contributing to a circular economy. A set of minimum criteria needs to be met by activities to be considered as substantially contributing to a circular economy. A methodological guidance with an indicative list of typical investments/projects for each circular economy category is also included.
This categorisation system is intended as a contribution to the future work of the Sustainable Finance Platform on the EU taxonomy of activities substantially contributing to the circular economy objective.