Circular economy : closing the loop : monitoring framework for the circular economy

In a circular economy, waste generation is minimised, and the value of products, materials and resources is maintained for as long as possible. It is a new economic model that offers tremendous opportunities. It helps save natural resources, combats climate change, makes production, consumption and waste management more sustainable, and creates green, local jobs. To stimulate the transition towards this new model, the European Commission released a circular economy action plan in December 2015. Two years on, one of its last milestones - a framework for monitoring progress - has just been adopted. Tracking progress is not easy, as this transition is taking place in many different areas. But the monitoring framework is an important tool, showing how the various elements of the circular economy are beginning to mature. It will help citizens and policymakers identify success factors and show where more action is needed. The results will help set new priorities as Europe moves towards its long-term aim - a more circular economy.