Circular Economy Indicators Coalition
Location
Global
Leading Partners
PACE and Circle Economy
Ambition
Convening key stakeholders and advancing harmonized approaches to measuring the progress and impacts of a circular economy transition.
Context
Our world is only 8.6% circular. Material use and carbon emissions continue on an upward trend. In terms of sustainability and circularity, the global engine of change is stuck in reverse; we are still heading in the wrong direction. Measuring progress and the current state of play is key when accelerating the circular economy.
The Circular Economy Indicators Coalition (CEIC), hosted by PACE and Circle Economy seeks to unify the diverse field of circular metrics as the relatively scattered state of circular indicator development may not optimally serve the external perception and delivery of evidence to those considering whether and how to embrace the circular economy. The CEIC facilitates a space for developing and aligning indicators and their frameworks, methodologies, and data, through cross-sector collaboration.
Creating a circular economy will require systemic changes across all sectors, with businesses, governments and NGOs coming together for collective action on a global scale. In achieving systemic changes, we need a common language and a common way of measuring our progress. In Spring 2019, PACE and Circle Economy led a scoping phase that assessed the landscape of circularity measurements and validated indicator needs. This was followed by ongoing efforts in 2020 and 2021 to convene key stakeholders, with a view to identifying how indicator needs can best be served using collaborative approaches, leading to the establishment of the Circular Economy Indicators Coalition.
In October 2020, the Circular Metrics for Business report was released and can be used as a tool to navigate the complex landscape of circularity metrics, by providing a step-by-step guide on which metric to choose. Businesses can apply metrics to create awareness of the opportunities the circular economy brings to innovate their products among their shareholders, customers, suppliers and employees.
In April 2021, the CEIC launched the Circular Indicators for Governments report. The report provides an in-depth analysis of public sector indicators and provides opportunities for where action can be taken. Taken together, the reports provide the first clear picture of the current state of play on how businesses and governments are approaching metrics for the circular economy.
Partners include
PACE (Secretariat)
World Resources Institute
Circle Economy
Ministry of Infrastructure and Water Management of the Netherlands
EMF
OECD
WBCSD
European Commission
European Environment Agency
Contact
lotte.holvast@pacecircular.org
