A new report estimates the investment opportunities offered by scaling the circular economy in Europe totals €320 billion.
Produced by SYSTEMIQ in collaboration with the Ellen MacArthur Foundation and sponsored by SUN, Achieving Growth Within pinpoints the key investments that could provide a major source of regenerative growth and unlock economic, social and environmental benefits.
“Building on the analysis of our 2015 report Growth Within, which demonstrated the additional €0.9 trillion benefit for Europe by 2030 from shifting to circular economy practices, this latest report outlines the first steps needed by businesses and governments to realise these benefits. As our current linear growth model becomes increasingly challenged, this research shows how Europe can begin to exploit new opportunities for innovation, growth and resilience, gradually decoupled from resource constraints,” said Dame Ellen MacArthur, Founder, the Ellen MacArthur Foundation.
With a focus on the sectors of mobility, food and the built environment, which together account for 60% of European household spending and 80% of resource use, Achieving Growth Within identifies investment ‘hot spots’ which would, by 2025, create an additional 7% GDP growth, reduce raw material consumption by an additional 10%, and produce 17% lower annual CO2 emissions, compared with the current development path.