Posted on 4th May 2021
The European Investment Bank has created a document outlining 15 steps that can be taken by Cities to implement a circular economy.
The 15 circular steps for cities are as follows:
PLAN:
1. Characterise and analyse local context and resource flows, and identify idle assets
2. Conceptualise options and prioritise among sectors with circular potential
3. Craft a circular vision and strategy with clear circular goals and targets
ACT:
4. Close loops by connecting waste/residue/water/heat generators with off-takers
5. Consider options for extending use and life of idle assets and products
6. Construct and procure circular buildings, energy and mobility systems
7. Conduct circular experimentation – address urban problems with circular solutions
8. Catalyse circular developments through regulation, incentives and financing
9. Create markets and demand for circular products and services – be a launching customer
10. Capitalise on new ICT tools supporting circular business models
MONITOR:
11. Coach and educate citizens, businesses, civil society and media
12. Confront and challenge linear inertia, stressing linear risks/highlighting circular opportunities
13. Connect and facilitate cooperation among circular stakeholders
14. Contact and learn from circular pioneers and champions
15. Communicate on circular progress based on monitoring
Follow the link below to find opportunities for funding and actionable steps that you can take today in your local city.
https://www.eib.org/attachments/thematic/circular_economy_15_steps_for_cities_en.pdf
