Accelerating the circular economy in Europe : state and outlook 2024

The circular economy is now a widely accepted concept. It goes beyond just managing waste: it is more about keeping the value of materials high and making them last longer in their intended use. It also seeks to design unnecessary material use out of the economy. This requires new business models and a more decisive transition from ownership models to service-based solutions. A comprehensive set of new circularity policies has been introduced at EU level and there is evidence of increased circular activities in EU Member States. Developing the circular economy is a crucial part of addressing the triple planetary crises of climate change, biodiversity loss and pollution. The transformation of our economy towards circular principles can contribute to alleviate pressures on the environment and manage trade-offs. This report offers a comprehensive analysis of the state of play of the transition to a more circular economy in Europe and the strong policy push we have seen in recent times, together with options and prospects to further accelerate it.