Methodology
Three policy levers to develop the Circular EconomyThe Luxembourg government is promoting the circular economy through three key levers: regulation, finance and knowledge, used together for optimum results. Collaboration and trust are essential to ensure the success of the circular model.
The regulatory framework
Laws, standards and labels to:
- Introduce circular economy criteria into public procurement contracts.
- Certify circular economy products and services.
- Implement reuse and repair standards.
- Document circular properties (ISO59040).
The financial framework
Incentive instruments to:
- Support circular projects and infrastructures.
- Develop PaaS (Product as a Service) models.
- Stimulate sharing, repair, reuse and recycling.
The knowledge framework
Actions and tools to:
- Train companies and start-ups in circular economy models.
- Inform businesses and consumers with clear labels.
- Support designers in circular integration.
- Integrate circular economy into basic education.
- Support research and innovation.
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