The Council of the European Union has examined the state of the circular economy in Europe, and called for more action to increase circularity. The Council has invited the European Commission to develop a more robust long-term circular economy strategy with specific targeted actions. The Council highlights the importance of promoting circularity across the whole value chain, stating that consumers, as well as industry, should work in unison to reach targets.
The Council supports the use of a wide range of tools, including environmental taxation, extended producer responsibility (EPR) schemes and improved waste management, to move towards a more circular society. In addition, the Council emphasised the importance of increased investment in clean technologies, as well as more transparent and comparable targets to steer such investments.