Germany alone generated around one fifth of the total turnover of the Cicular Economy. Prognos contributed, on behalf of ESPON, the EU's think tank for territorial development, to the report "CIRCTER - Circular Economy and Territorial Consequences".
The elaborate investigation into the economic structure of the regional Circular Economy in Europe was conducted by Prognos experts from Brussels, Düsseldorf and Berlin (see Annex 4 of the CIRCTER report). These analysed the regional distribution of market segments of the Circular Economy with regards to turnover, employment and companies amongst other. The contribution describes the territorial relevance of the circular economic activities in the regions of the EU member states and Lichtenstein and Norway. A novel methodological approach was applied for the first time, a Big-Data analysis, to obtain regionally specific data on Circular Business Models.
The Circular Economy embodies a significant potential to reduce environmental damage, increase material and energy efficiency, and create new opportunities for companies and communities. Therewith the Circular Economy makes a critical contribution to sustainable development, as well as to climate mitigation. In its diversity it is relevant to all regions while being realised differently according to the local context.
Autor: Dr Jan-Philipp Kramer, Richard Simpson and partner