The EU has acknowledged the importance of resource management in tackling the triple planetary crisis and for achieving strategic autonomy through various legislative agendas, including Green New Deal; Circular Economy Action Plan (2020); Eco-design for Sustainable Regulation; Critical Raw Materials Act; Sustainable and Circular Textiles Strategy.
While these efforts are commendable, they are not sufficient to deliver the systemic transformation to a circular and resource-efficient economy that is required to meet the EU’s agreed climate and nature targets nor guarantee long term security for the region.
To deliver a systemic approach to the Circular Economy, the Materials Taskforce recommends three main interventions:
- Establish material footprint targets
- Focus on key provisioning systems
- Champion international governance for resource use
To explore these recommendations and learn more about key actions to achieve a just and competitive circular economy in Europe, you can download the submission here.
