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The circular economy package Position paper – June 2016

Switching from a linear (take-make-use-throw away) economy to an eco-design focused circular (make-use-reuse-remanufacturerepair) economy in which nothing is wasted is a critical challenge for Europe. It makes the economy more sustainable and reduces the environmental footprint through better resource management and reduced extraction and pollution; it also enables businesses to gain a competitive edge thanks to better management of raw materials, while making the economy less dependent on imported – potentially critical and rare – materials. Investment and innovation in green tech also provides new economic opportunities and markets for European businesses, especially SMEs, and can lead to the creation of green growth and jobs at the local, regional and trans-national level.

 

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The circular economy package Position paper – June 2016