Foreword from the report from the EU Commission, published March 2020:
“There is only one planet Earth, yet by 2050, the world will be consuming as if there were three1. Global consumption of materials such as biomass, fossil fuels, metals and minerals is expected to double in the next forty years2, while annual waste generation is projected to increase by 70% by 2050.
As half of total greenhouse gas emissions and more than 90% of biodiversity loss and water stress come from resource extraction and processing, the European Green Deal4 launched a concerted strategy for a climate-neutral, resource-efficient and competitive economy. Scaling up the circular economy from front-runners to the mainstream economic players will make a decisive contribution to achieving climate neutrality by 2050 and decoupling economic growth from resource use, while ensuring the long-term competitiveness of the EU and leaving no one behind.More