This report has been commissioned by the Nordic Working Group on Environment and Economics (NME). The report has been prepared by IVL The Swedish Environmental Research Institute. The team responsible for drafting the report consisted of Flintull Annica Eriksson, Annacarin Karlsson, Viivi Rouhento, Susanna Sepponen, Heini Purho and Magnus Hennlock.
The report presents an overview of different economic policy instruments and their connection to the circular economy in the Nordics. Two sectors are put in focus, namely the textile and the construction industries with the aim to analyse which role these could have in the circular economy transition. Options to choose and implement economic instruments to promote such transition is studied. The report concludes that there are no simple solutions when creating incentives for circularity in complex and global value chains. Finding an effective combination of economic and other policy instruments is key for giving the right incentives to the markets.
Comments and inputs to the report have been provided by members of the Nordic Working Group for Environment and Economy during the preparation of the report. The authors of the report are responsible for the content as well as the assessments and recommendations, which do not necessarily reflect the views and the positions of the governments in the Nordic countries.
December 2023
Magnus Cederlöf
Chair of the Nordic Working Group for Environment and Economics