The EU Green Deal as Facilitator of a Circular Economy

Our environment is changing rapidly and governments must find answers to the effects and impact of these changes like climate and environmental degradation. Therefore, the European Union has adopted the Green Deal which will transform the EU into a modern, resource-efficient and competitive economy. With this deal, the EU strives to ensure there will be no emission of greenhouse gasses by 2050. Moreover, they want to enhance economic growth decoupled from resource use, making the EU less dependent on import of energy and resources. The new circular economy is one of the main building blocks of the Green Deal. It will reduce pressure on natural resources and will create sustainable growth and jobs. The heart of this new economy is the improved management of the entire product life cycle going from the design of products to the encouragement of sustainable consumption aiming to ensure that waste is prevented and the resources used are kept in the EU economy for as long as possible.