French government to contribute additional Euro 370 million to accelerate transition to circular economy
BRUSSELS, September 15, 2021-
France is stepping up economic support to accelerate the country’s transition to a circular economy. Barbara Pompili, minister for ecological transition, and Industry Minister Agnès Pannier-Runacher this week announced the launch of a national strategy to boost the recycling of plastics, composites, textiles, critical metals and paper and board (P&B).
According to the government, France consumes some 800 million tonnes of materials each year and produces almost 350 million tonnes of waste, 120 million tonnes of which are not recycled. “Despite the progress already made, it is necessary to step up efforts to move towards a 100% circular economy. Each year, tens of millions of tonnes of recyclable waste are also exported from France and recycled elsewhere due to the lack of industrial capacity capable of transforming all the waste we produce into raw materials for recycling and the lack of sustainable outlets,” the government said in a statement.
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