Green Alliance says EU circular economy could cut unemployment and lower household bills

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Improved design standards and promotion of demand for reused products and recycled materials can deliver more jobs, according to Green Alliance.

Along with a better deal for consumers, this could be provided by the European Union’s circular economy package.

Drawing on lessons from the UK, Green Alliance has produced an infographic (see it below) which shows how better resource policies can support jobs in areas of high unemployment, and deliver the longer-lasting products that householders want.

To realise these benefits, Green Alliance said that the new circular economy package must include measures to promote reuse and repair, especially eco-design and producer responsibility requirements that encourage reuse and demand for recycled materials.

Green Alliance senior policy advisor Jonny Hazell said: “As the world’s largest single market, Europe is in a unique position to secure the supply of products that are fit for the economy of the future.

“The circular economy package could prove the foundation of a harmonised market in circular economy goods and services, provided it delivers products that are long-lasting, easy to repair and recycle.

“Such a market would generate employment all round the EU and improve the competitiveness of European businesses. As importantly, it will deliver savings for households and reduce the global impact of European consumption.”