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New EU circular economy plan expected to be unveiled on 10 March.

“Targeted action might be also explored in other relevant sectors. In the case of plastics, actions will focus in particular on micro-plastics, requirements on packaging, and bio-based and biodegradable plastics.”

The European Commission (EC) may unveil its new circular economy plan on 10 March, Bio Market Insights understands.

At its heart, the plan aims to increase the recycling and reuse of products in the EU.

It was initially announced in the EU’s Green New Deal communication, which was launched late last year. The plan was actually due out on 4 March. However, an EC spokesman told BMI that 10 March looked “more likely” for the document’s launch.

The new action plan will analyse the lifecycle of products and materials to ensure a sustainable use of resources and tackle resource-intensive sectors (e.g. textiles, construction, electronics and plastics). It will also feed into the EU’s industrial strategy.

According to the EU executive’s circular economy plan roadmap, one of the main objectives of the initiative is to speed up the circular economy transition, reaping the benefits of the circular model in the EU and abroad. This initiative also will help the EU to meet its Sustainable Development Goals.

It will also set minimum requirements to prevent environmentally harmful products from being placed in the EU market and identify options to prioritise reuse and repair before recycling. The plan will also include measures to empower consumers to contribute to the circular economy. One of these measures will be to provide them with reliable, verifiable and comparable information on products’ sustainability features and tackle false green claims.

Elsewhere, the new action plan will aim to foster a well-functioning and integrated internal market for secondary raw materials to ensure that they are safe, competitively priced and reliable.

The EU executive said: “Opportunities of closing loops for biological materials will be considered. In addition, the action plan will identify actions to address high-impact sectors such as textiles, construction, electronics. Targeted action might be also explored in other relevant sectors. In the case of plastics, actions will focus in particular on micro-plastics, requirements on packaging, and bio-based and biodegradable plastics.

“The action plan will also seek to build European leadership at global level by working closely with our key global partners. The action plan will be sensitive to social and geographic impacts, by improving skills, supporting participation of SMEs and building capacity at subnational level. The action plan will address the enabling conditions supportive of a more circular economy, such as innovation and investment opportunities for circular business models and enabling technologies.”

If you were interested in this bioeconomy story, you may also be interested in the below story.

Read: EU chief likens Green New Deal to Europe’s ‘man on the moon’ moment and includes plan for biodegradable plastics framework.

Read: Incoming EU chief confirms date of Green Deal launch.

Read: Bioeconomy policy monitor

Read: Bioplastics to ‘play key role’ in implementation of circular economy and EU environmental directives.

Read: USDA proposes new GM rule.

Read: USDA amends its guidelines for designating bio-based products.

Read: European Commission urges industry to do more to boost recycled plastics market.

Read: European Green Deal: Bioplastics to play a crucial role in making the deal become reality.

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