circular economy

Definitions over time (1)

12/07/2020 – today applies on 11/11/2026 Article 2, Taxonomy Regulation Scope: Whole act

For the purposes of this Regulation, the following definitions apply:

‘circular economy’ means an economic system whereby the value of products, materials and other resources in the economy is maintained for as long as possible, enhancing their efficient use in production and consumption, thereby reducing the environmental impact of their use, minimising waste and the release of hazardous substances at all stages of their life cycle, including through the application of the waste hierarchy;