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Annual Single Market and Competitiveness Report

On February 14th, the Commission released the Annual Single Market and Competitiveness Report, tracking Europe's Single Market developments based on nine competitiveness drivers. One of these drivers is circularity. Europe is slowly progressing towards a more circular economy.

date:  08/03/2024

Since 2000, the EU industry’s resource productivity has increased by 37%, indicating a more efficient use of materials in EU production, but the EU materials footprint has remained stable in the last decade. Recently agreed-upon legislation, once implemented, will improve the business case for circularity. The report, linked to the EU Single Market Scoreboard with EMAS registration numbers as green transition. More details are available in the press release.