Urban Agenda Partnerships have been established for a number of urban priority themes under the EU Urban Agenda, including Circular Economy, with a view to mobilise stakeholders’ inputs to address key issues and barriers and identify possibilities for improvements. The work focuses on the three areas of better regulation, better funding and better knowledge. EIB is actively involved in 8 of the 12 Urban Agenda partnerships, including Circular Economy.

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The Urban Agenda Partnership on Circular Economy

The Urban Agenda partnership for Circular Economy (UAP CE) was established in February 2017 and comprises six urban authorities (Oslo, The Hague, Prato, Porto, Kaunas and Flanders), four member states (Finland, Poland, Slovenia, Greece), the European Commission (DG REGIO, DG ENV, DG CLIMA, DG RTD, DG GROW), and other organizations (EIB, Council of European Municipalities and RegionsEUROCITIESURBACT and ACR+). The city of Oslo is the coordinator of the partnership. The work of the partnership has been focused on the following themes: 1) Urban resource management; 2) Circular business enablers and drivers; 3) Circular consumption; 4) Circular Governance.

The EIB has taken a lead on the Circular Governance theme, which has been identified as crucial to the further development of the circular economy in cities given its cross-cutting nature and the potential through governance actions to promote circular city developments.

This work resulted in the formulation of two actions included in the Partnership's comprehensive Action Plan published in February 2018, aimed at preparing a Blueprint for a Circular City Portal and a Circular City Funding Guide. The implementation of the actions is due to start in the second half of 2018 and extern over a period of up to 24 months. The EIB will lead the implementation of the Circular City Funding Guide, with resources funded by the Advisory Hub. The Circular City Funding Guide will help cities identify and access suitable sources of funding and financing for their public circular projects as well as for projects promoted by private (SME) promoters in thei territories. The Guide will also provide guidance on how to design and set up effective funding/financing schemes for circular city projects.