Published today, our latest paper Universal circular economy policy goals: enabling the transition to scale, aims to create a common direction of travel in policy development for a faster transition to a circular economy.
The new policy goals will enable governments and businesses to benefit from the circular economycircular economyA systems solution framework that tackles global challenges like climate change, biodiversity loss, waste, and pollution. It is based on three principles, driven by design: eliminate waste and pollution, circulate products and materials (at their highest value), and regenerate nature., which offers solutions to key global challenges such as climate change, biodiversity loss, and pollution. Together with its global network of businesses and policymakers, the Foundation created the following five universal circular economy policy goals to drive the transition:
Stimulate design for the circular economy
Manage resources to preserve value
Make the economics work
Invest in innovation, infrastructure, and skills
Collaborate for system change
To harness the full potential of policy to scale a circular economy transition, we need a shared understanding of the systemic nature of the opportunity and a common direction of travel. The goals recognise that the relevant policies are interconnected.