Description
Ensuring economic and social development without exceeding our planetary boundaries is the challenge of the 21st century. The circular economy represents a transformative, systemic approach to addressing this challenge, by:
- encouraging more sustainable production and consumption; and
- promoting products and materials designed to last and to be repaired, recycled and recovered.
Multilateral development banks have a key role to play in supporting and financing circular approaches. Recognising this, a group of these banks came together to discuss how to better support the circular economy and promote an exchange of knowledge with the private sector, civil society, and local, regional and national authorities.
This report is a result of their work. It presents 20 case studies of from around the world that highlight the kinds of support being offered, such as advisory activities, public-sector lending, private-sector investments and backing to the financial sector. Sharing these experiences is important to identifying and adopting successful approaches that can be replicated and scaled up across the world.
