This report, Accelerating The Transition To The Circular Economy: Improving access to finance for circular economy projects, aims to help speed up the transition from a linear to a circular economy by improving the conditions for financing circular economy projects. For this, the report presents recommendations to three main stakeholder groups:
- Section 1: Recommendations to financial institutions;
- Section 2: Recommendations to project promoters;
- Section 3: Recommendations to financial and non-financial policy makers.
Each recommendation is presented in response to a general or specific problem that has been identified. It describes the actions that need to be taken, the main actors responsible for or capable of implementing the action, the role of EU policy makers and the expected impact of the actions.
Annex I: How to get circular economy markets to work? explains why it is necessary to move from a linear to a circular economy. The annex presents seven incentives that influence behaviour and decisions. When aligned, these incentives can help make the circular business approach the preferred one.
The executive summary and the conclusions give a concise overview of all the recommendations presented in the report and emphasise the importance of incentives to overcome barriers in the transition to a circular economy.
The report is available here.