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The Circular Flywheel: Green finance, building on success and strategic vision

Lead contributor: Matthew Greenley

A circular economy is a viable pathway to decoupling economic growth from resource use, achieving the Sustainable Development Goals, and reaching climate neutrality.  A road map is a foundation for guiding the implementation of a circular economy at a local, regional, and national level. It is instrumental to circular economy implementation as it provides a clear, systematic, and detailed step-by-step approach. The chapter will render the importance of developing a roadmap to guide the circular economy shared vision implementation. The learner will also appreciate the elements forming the basic structure of roadmaps and can assess those elements that differentiate a linear-based roadmap vis-a-vis a circular-based roadmap. 

The chapter covers an overview of a roadmap, and its importance, while particular emphasis is placed on applying roadmap development in terms of project implementation across various fields and specifically for circular economy implementation. The chapter also highlights the mitigation of miscommunication and will provide you with a clear understanding of green financing and strategy to diminish risks across a project lifespan. 

The comparison between the linear and circular economy helps underline the need to effectively design and structure the circular economy roadmap to maximize implementation efficiency. The chapter provides guidance on the differences in developing a roadmap and implementing a circular economy in cities, SMEs, major enterprises, and in both the private and public sectors. The learner will expand their perspective and gain the specific knowledge to develop a circular economy roadmap for various contexts. 

The overview includes a breakdown of specific tools that will help you through your circular economy roadmap development process and detailed and sequential implementation components for identifying requirements and resources, identifying and engaging key stakeholders, identifying the situational picture, developing a vision and long-term goals, focus areas, plans and actions, compiling and publishing, execution and implementation, and how to evaluate and revise your circular economy roadmap. 

Last, the learner will be exposed to an initial level of thinking that would allow creative approaches for existing practices. There is no one size fits all to a roadmap, let alone a circular roadmap; however, some fundamental principles should infiltrate the mindset of any project developer, project promoter, or project evaluator. Such principles will enable small bites of incremental disruption to the linear habits and accelerate the transition to the circular economy whether the implementation happens at a micro level, a project, or an entity, or a macro level, a set of projects or a cluster of entities. 

What's inside

Why do we need a roadmap?

Deep dive into a strategic clear guide that provides a comprehensive outline on how to develop an easy-to-understand and adaptable macro-level project overview. Discover now how to develop and realize primary needs, resources, and key stakeholders.

What is the divergence between linear and circular roadmap?

A concrete comparison between the linear and circular economy. Get access to comprehensive knowledge on how to develop an efficient circular economy roadmap that includes a strategy for circular product design, sustainability, resource efficiency, supply, and demand, and more.

How do we implement circular roadmap?

Discover in detailed steps how to implement a circular economy roadmap from multiple aspects. These different aspects include strategies for developing a roadmap for cities, SMEs, large companies, and the private and public sector and demonstrate clearly the way ahead.

What are the essential elements to implement a circular economy?

Learn now all the requirements, resources, stakeholders, needed and how to develop a strategy for continuous engagement and existing sustainable practices. Developing a vision for short- and long-term goals and how to put a focus on the most critical areas for sustainable development.

What are the essential digital tools for a circular economy?

Get access to a detailed overview of specific digital tools that can be used to ensure circular economy implementation with efficiency and accuracy. These essential tools include but are not limited to Level(s), ETV, PEF-OEF, EU Ecolabel, EMAS, GPP, Match, and Metrics.

What are the strategies for on-going up-scale and a disruptive impact?

Learn now two sets of strategies, some to ensure continuous improvement and maximum impact in a comprehensive, adaptable, and efficient way. Others, help overcome various bottlenecks along the way during the implementation process. Concluding with case studies for cities, SMEs, and large companies.

Sharing success stories and best practices

Deep dive into a remarkable selection of case studies across multiple sectors and varying degrees of complexity for circular economy implementation that involve not only the execution of a circular economy at a national level but also for businesses that includes construction, manufacturing, and technology.

How to transition to a circular economy?

A summary on all previous sections to ensure a clear understanding on how to develop a circular economy roadmap for a circular economy execution. Various instruments will be shared to illustrate an accurate action plan that ensures success and reduces risks.