This RMC will be a ‘voluntary scheme’ addressing multi-stakeholders value chain ‘good governance and sustainable, transparent performance’ and a commitment to facilitate open-coordination to implement the EIP and make the EU a ‘circular economy’. It aims to focus on an efficient use of natural resources in a collaborative economy at territorial level (a Region, An Urban Community, A City, a Rural Municipality as well as between Regions, Cities and Communes) where the material and energy flows are minimized and wastes used as a resource.
The Covenant will involve a very large number of partners across the European Union and entire raw materials value chains with a focus on Territories (Regions and Cities). By doing so, the Covenant will contribute to the re-industrialisation of Europe in a circular economy perspective .
RMC Signatories will fix a value chain public-private coordination scheme (inspired by the Covenant of Mayors) at the Regional/City level between public and private interested parties - as well as between Regions and Cities - and promote a new multi-stakeholders co-operation and planning vision for innovation and circular economy shaping a new prosperity model. The Covenant itself would be signed second half of 2015 (EU Luxemburg Presidency). In view of Rio+30, the covenant would be registered under the provisions of § 283 of Rio+20 outcome document.
The signatories of the RMC commit to contribute to an open-coordination process for partnerships related to a circular economy – as follows :
(i) Covenant Signatories will fix objectives and a system of public-private coordination at the Regional/City level between public and private interested parties as well as between signatories Region/Cities. They will be in line with the EIP Raw Materials priorities, the ‘sustainable development goals’, which would incorporate and expand the Millennium Objectives, as well as with the international initiatives on transparency and accountability.
(ii) Each Region/City and or Company signatory of this Covenant will fix in one year time an integrated circular economy action plan in support to the SIP and value chain management at territorial level.
(iii) Each Region will establish a link with the Structural Funds Operational Plan a Region has to adopt, Regions and Cities will activate their procurement power, Companies and Citizens will make use of their purchasing and investment powers, Universities and Clusters will contribute to innovation.
(iv) To the extent our Regions/Cities and/or Companies are active at the international level on ‘circular economy’ export of products and services, we will explore opportunities of co-operation with non EU Member States with which the Commission has signed partnerships agreements related to raw materials.
(v) We are committing to a dialogue at Regional level and between Regions– on the basis of progress reports – among interested parties leading to open coordination multi-stakeholder platforms within the value chain in specific areas/fields such as waste management and Extend Producer Responsability schemes, mining and deep sea mining, phosphorus, the energy-food-raw materials-water nexus, transports, finance, urban development, sustainable lifestyles.
(vi) We will involve Cities, Clusters, Poles of excellence, Financiers (public and private banks), National and Regional resource efficiency agencies, Business Clubs.
A European Secretariat will collect the results of signatories’ actions at the regional and local levels. These actions will serve as examples for others to follow, notably through referring to the “Benchmarks of Excellence”, a database of best practices submitted by the Covenant signatories. The Secretariat will facilitate biennial joint progress reviews.
A Memorandum of Understanding is signed with other relevant initiatives at UN and EU levels, as the Covenant of Mayors.
The Covenant Secretariat will provide the EIP with a joint report of aggregated outcomes with findings and recommendations to feed upwards, in terms of delivering the seven concrete targets of the EIP and contributing to the overall objectives of the EIP
1. Guidelines towards a Regional/City Circular Economy Action Plan in support to the SIP implemented in hundreds of Regions and Cities.
A. General Guidelines to help Regions and Cities to devise - for the next 7 years - a Multi Operational Programme for a Circular Economy : governance, content, structure, partners (leading org ACR+)
B. Sectorial Guidelines formulated by specific experts groups – which might be steering committee of other RMC’s - will be drafted on how to address value chain management in a circular economy for specific sectors addressed by the SIP and the Resource Efficiency Flagship.
It will incorporate best practice examples of communication with stakeholders, promote early and open communication, launch information campaigns, encourage industry to adopt voluntary codes on good governance and sustainable performance (e.g. EMAS, ISO, CSR, GRI, ICMM, FSC, PEFC, EITI), address quantitative and qualitative targets and Extended Producer Responsibility, innovative approaches and infrastructures for reuse and recovery of end-of-life consumer products, new business models … in relation with strategic raw materials s.
2. Sectorial Pilots value chain avoiding one-size-fits-all approach launched by the Steering Committee with the help of other RMC’s/experts platforms/organization (org)/.
3. Twining at international level in relation with a circular economy at regional and city levels as well as related to mining management.
4. Progress, achievements and delays experienced will be closely monitored on an annual basis. It will include the following output : legislation, public policy, pilots, new structures, data and information, public acceptance, greater (quality)recycling, investment, skills/jobs.
The RMC steering committee members are grouped in 4 ‘Colleges :
• The ‘College Public Authorities’ in charge of ‘territories’ are the Regions, Urban Communities, Cities, Rural municipalities and their Agencies signatories of the RMC
• The ‘College Business’ : to be nominated by the EIP High Level Group to represent the main steps of a value chain from mining to waste management + Companies members of the networks : EPE/ESPP – ACR+/Club EPR- Eurosif
• The ‘College Smart Communities’ : NGOs, academic institutions and others organizations signatories of the RMC.
• The College International Organisations, EU and Non EU National Governments, EU Institutions : International organisations signatories of this RMC + delegates to be nominated by the EIP High Level group.
The Covenant is co-managed by its signatories.
A steering committee is established. If the RMC is labeled by the EU, the steering committee will be an informal platform which will elect its own chairperson and nominate its own director, have its own budget, make use of EPE as the necessary legal entity. The Chair of the steering committee will become member of EPE Board.