Summary
By ensuring that circularity and competitiveness advance together, the upcoming Circular Economy Act (CEA) can help unlock the business
case, scale up the use of circular feedstocks, and accelerate Europe’s transition to a more sustainable and circular economy.
Cefic’s four-point action plan seeks to enhance the competitiveness of European manufacturers by fostering demand and supply for
secondary raw materials within a single market, underpinned by harmonised and streamlined regulations.
You can find Cefic’s full position paper on the Circular Economy Act here.
Key recommendations
- Ensure coherent regulation and investment-friendly conditions
- Strengthen the business case for circularity to create demand
- Scale up circular feedstocks and enable technology diversity to increase supply
- Establish a single market for secondary raw materials