- The European Commission’s Circular Economy Action Plan has established targets for the reduction of waste, waste management and recycling, but clear details of other areas covered by the Action Plan have not yet been released.
- Transition to a more circular economy requires changes throughout value chains, from product design to new business and market models, from new ways of turning waste into a resource and, to new models of consumer behaviour.
- EFPIA supports the principles underpinning the circular economy, and looks forward to receiving more clarity on the European Commission’s forthcoming legislative proposals. These proposals, if well designed and part of a coherent policy approach, have the potential to benefit the economy and environment, assisting a resource-efficient, competitive and resilient pharmaceutical industry to continue to deliver innovative medicines to improve healthcare.
- EFPIA supports the approach for any decision leading to regulatory changes is evidence-based and consider full product life-cycles to avoid unintended consequences.