What's the issue?
Circular economy is a new socio-economic paradigm whereby resources are used in a more sustainable and efficient way. It is one of the EU’s key priorities as outlined in the Circular Economy Action Plan (CEAP), and has become central to the achievement of the SDGs and the Paris Agreement. The circular economy will bring benefits for regional development as well as for the environment, the society, and the economy. New circular business models, waste prevention, recycling, eco-design and similar measures create savings, increase turnover and create local jobs in various sectors. The transition to a circular economy presents challenges linked to the uptake of new business models, adequate standards and laws, financial incentives, innovation, behavioural change, improved waste management, knowhow and administrative capacity, among others. Technological as well as social innovation is needed because the transition requires rethinking patterns of production and consumption (beyond optimisation of existing systems). Moreover, the circular economy emphasises the role of changing consumption practices, behavioural aspects and grassroots initiatives.
The workshop is part of a series of workshops organised in co-operation with the European Commission, DG REGIO. The purpose of the workshops is to synthesise academic frontier thinking and policy good practices on sustainability transitions and regional development
This seminar aims to synthesise academic evidence and practical examples in relation to the transition to a circular economy. It sheds light on issues such as the challenges and opportunities for regions and cities resulting from the transitions, best practices for managing the transition, and collaboration across sectors and levels of government. The outcome of the seminars will feed into an OECD publication to inform urban and regional policy makers on how to best manage environmental and energy transitions for regions and cities.