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The European Commission adopted an ambitious and comprehensive package of measures, including the Sustainable Finance Strategy, to help improve the flow of money towards financing the transition to a sustainable economy.
In 2020, a new Circular Economy Action Plan announced initiatives along the entire life cycle of products, aiming to ensure that the resources used are kept in the EU economy for as long as possible. One of these initiatives consist in regulatory measures for mobile phones and tablets under the Ecodesign Directive so that ‘devices are designed for energy efficiency and durability, reparability, upgradability, maintenance, reuse and recycling’.
METABUILDING is a Horizon 2020 project. The METABUILDING innovation ecosystem brings together stakeholders from construction and 4 emerging industrial sectors: recycling & circularity, additive manufacturing, nature-based solutions and digital industry. Hungary is one of the project’s target countries.
The European Investment Bank has published an overview on their work on circular economy. The publication details the Bank’s activities in the sector and highlights key projects.
In 2020, EU exports of waste to non-EU countries reached 32.7 million tonnes, an increase of three quarters (+75%) since 2004. In contrast, imports of waste from non-EU countries decreased by 10% since 2004, amounting to 16.0 million tonnes in 2020.
The European Commission has presented its guidance on the implementation of ‘do no significant harm’ in the context of the Recovery and Resilience Facility (RRF).
On 10 December 2020 the European Commission proposed to modernise EU legislation on batteries, delivering its first initiative among the actions announced in the new Circular Economy Action Plan.