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Circular Economy

What are the benefits for The Netherlands?

A circular economy could generate € 7.3 billion in GDP growth for the Netherlands, and lead to 54,000 extra jobs. In addition, the ecological footprint will be greatly reduced. Further research is needed to come up with specific figures and preconditions.

Figure 1: the advantages of the circular economy for the Netherlands (PBL, 2019a)

Growing economy

In the Netherlands, the total market value of opportunities within the circular economy can rise to € 7.3 billion per year. This is accompanied by 54,000 additional jobs. In order to achieve this, several steps must be taken. Some steps require long-term research, major changes in behaviour or changes in legislation and regulations. Other steps can be implemented relatively easily (Rood & Hanemaaijer, 2017).

Reduced ecological footprint

A circular economy can lead to a 10% reduction in CO2 emissions, a 20% reduction in water consumption and a 25% reduction in the quantity of imported raw materials. Other indirect benefits include the development of knowledge, a more constant supply of raw materials, new opportunities for the recycling and manufacturing industry, innovation in the logistics sector, and the development of new economic activities (Rood & Hanemaaijer, 2017).

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