Circular Economy – EU Green Deal

January 15th, 2020

“The European Green Deal is our new growth strategy. It will help us cut emissions while creating jobs.” as said by Ursula von der Leyen, President of the European Commission.

Preparatory work has begun on the Circular Economy plan envisaged by the Green Deal. The main purpose is to become climate neutral in 2050 throughout some measures and best practices that should enable European citizens and companies to benefit from sustainable green transition and that include the emissions' decrease, the investment in cutting-edge research and innovation, and the conservation of Europe’s natural environment.

The Plan will address different aspects of the life cycle of products and materials, "ensuring sustainable use of resources, particularly in resource-intensive sectors such as textiles, construction, electronics and plastics", will provide policies "To encourage the design, production and marketing of sustainable products", by establishing "minimum requirements to prevent environmentally harmful products from being placed on the EU market" and by providing "options to prioritize repair and reuse before recycling" and "measures to allow consumers to contribute to the circular economy".

Ursula von der Leyen, during the presentation of the Plan, announced "The European Green Deal comes with important investment needs, which we will turn into investment opportunities. The plan that we present today, to mobilise at least €1 trillion, will show the direction and unleash a green investment wave."


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