Low-Carbon Circular Transition in the Nordics

Download or read book Low-Carbon Circular Transition in the Nordics written by Sepponen, Susanna and published by Nordic Council of Ministers. This book was released on 2023-03-08 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Available online: https://pub.norden.org/temanord2023-504/ The Nordic region aims to be a forerunner in the transition to circular economy. This project aimed to find areas, industries, and sectors, and potential in them, important for the circular transition in the Nordics. The barriers for unleashing the potential were also studied.Four areas of industry and two cross-cutting drivers were selected for the study. The bioeconomy, the food and beverage sector, building and construction, and the mobility sector play a prominent role in the Nordic economies. They are also responsible for significant emissions and waste. The drivers – applying new circular business models and better exploiting data/digitalisation – can bring change that holds promise for significant benefits.The study’s results are summed up in a set of recommendations addressing how the barriers can be torn down and how positive impacts of circular transition can be supported.