On 1 September 2018, the Danish government presented its strategy for circular economy. With EUR 16 million divided between 15 initiatives, the government accelerates the transition to a more sustainable society, where materials and products are recirculated, used for their full potential and waste is minimised. The transition holds significant potential for the environment and the economy.
The increasing pressure on the earth’s natural resources means that we have to rethink our ways of producing and consuming. There is a need for Denmark to transition into a more circular economy. This should ensure that the Danish companies continue to maintain a high competitiveness while, simultaneously, contributing to a sustainable administration of the natural resources and a continuing economic growth. This can happen e.g. by designing buildings and products to be recycled, repaired and reused rather than being discarded, or by using biomass for medicine, bio-based products and food ingredients instead of simple energy utilisation.
Issuing institution: Danish Government
Issue date: Sep 2018