Dutch Commodities Agreement will be the start towards achieving a circular Dutch economy by 2050
The desire to let the Dutch economy fully function on renewable resources is a step closer with the Dutch Commodities Agreement, which will be signed on the 24th of January. The Agreement covers the following industries: biomass and food; plastics; manufacturing industry; construction; and consumer goods. Moreover the following main action points are included:
- Developing guidelines to be achieved for the periods of 2021; 2025; 2030
- Innovative action points for both the short and long run
- Research action points to overcome gaps in knowledge
- Social action points, such as exploring labor market effects and opportunities
- Investment action points that focus on overcoming financial barriers for investments
After signature secretary of state Dijksma (Infrastructure and Environment) and Minister Kamp (Economic Affairs) will make arrangements with businesses, governments and other civil society organizations on their contribution in achieving a full-functioning circular economy. Dijksma announced that €27 million will be made available for reducing waste and to improve the recycling of resources.
Research shows that up to 2023 the Dutch circular economy will represent a total market value of €7.3 billion a year contributing to 54.000 jobs. Companies can support the Commodities Agreement via the website of Circulaire Economie Nederland. All partners can accordingly, either independently or collectively, determine how they will bring the agenda points into action.
Source: Circulaire Economie Nederland