Circular Economy as an Enabler for Responsible Banking: Leveraging the Nexus between Circularity and Sustainability Impact

This report from the UNEP Finance Initiative can help you understand how banks can support the transition to a circular economy. The report describes the principles of a circular economy and provides an overview of the rapidly evolving policy and regulatory landscape, making circularity relevant for banks. It outlines how banks can apply circular economy principles, explains the risk and opportunity of linear versus circular activities, explains impact interlinkages across the portfolio, and identifies priority actions. The final section explains the impact benefits of pursuing circular economy activities as they relate to climate, nature, pollution and waste, and the economy. This resource will be most useful to sustainability practitioners working in the banking sector.