European Union’s Plan for a Circular Economy
The European Union has adopted a new Circular Economy Package to help European businesses and consumers to make the transition to a stronger and more circular economy where resources are used in a more sustainable way. The proposed actions will contribute to “closing the loop” of product life cycles through greater recycling and re-use, and bring benefits for both the environment and the economy.
The plans will extract the maximum value and use from all raw materials, products and waste, fostering energy savings and reducing Green House Gas emissions. The proposals cover the full life cycle of products, from production and consumption to waste management and the market for secondary raw materials.
The revised legislative proposal on waste sets clear targets for reduction of waste and establishes an ambitious and credible long-term path for waste management and recycling. To ensure effective implementation, the waste reduction targets in the new proposal are accompanied by concrete measures to address obstacles on the ground and the different situations across member nations.
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