Circular Solutions for Nature – A List of Leading European Solutions

Circular Solutions for Nature – A Compilation of Leading European Initiatives is currently accepting applications. Addressing the urgent issue of biodiversity loss cannot be postponed. Businesses are fundamentally reliant on the resources and services provided by the natural world. In the future, business operations should actively contribute to preserving biodiversity rather than depleting it. Sitra’s “Tackling root causes” report has demonstrated that embracing the circular economy can effectively combat biodiversity loss. The central tenet of the circular economy is to extract greater value from existing resources, thereby decreasing the demand for new natural resources and creating more space for biodiversity to thrive. Sitra aims to identify the most innovative circular solutions for biodiversity conservation on a European scale, showcasing that companies can combat biodiversity loss while maintaining successful operations. The compilation of circular economy solutions for biodiversity, slated for completion from 2023 to 2024, seeks European companies that:

1. Provide circular solutions that actively mitigate biodiversity loss and transform detrimental environmental impacts into strategies that bolster biodiversity.
2. Unlock additional value from existing resources and reduce the necessity for fresh resource acquisition.

Operate within sectors that significantly affect the environment, particularly those involved in food production and agriculture, construction and building, textiles and fibers, and the forestry sector.

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Eligibility

To be eligible, companies must adhere to the following criteria:

• Companies that are entirely or partially rooted in the circular economy are eligible to submit their applications.
• The core concept of the circular economy is to maximize the value derived from existing products and resources instead of continuously producing new items. For this list, the companies that offer circular solutions aimed at preventing biodiversity loss and transforming adverse environmental effects into actions that enhance biodiversity then you are eligible.

They particularly interested in eligible instances of circular economy business models and various regenerative approaches, including:

• Product-as-a-Service: Providing services instead of products, where customers pay for a specific function or performance rather than owning a product.
• Circular Inputs and Design: Utilizing renewable, reusable, and recyclable materials, as well as resource-efficient principles in product design, sourcing, and manufacturing.
• Sharing Platforms: Increasing resource and goods utilization capacity and extending their lifecycles through digital platforms, such as renting, selling, sharing, and reuse.
• Product Life Extension: Extending the use of products for their original purpose for as long as possible or enabling multiple stages of reuse through maintenance, repair, and refurbishment.
• Resource Recovery and Valorization: Collecting and reusing resources from products and material streams, emphasizing solutions that generate more value from existing materials and enhance material efficiency.
• Regenerative Solutions: Promoting regenerative outcomes in production areas to enhance soil health, carbon sequestration, nutrient retention, and biodiversity, ultimately building resilience.
• They encourage submissions from sectors like food, construction, textiles, and forestry due to their known biodiversity impact. However, they are open to any sector or solution that clearly benefits biodiversity, even if it’s from a different field. You can apply regardless of your sector, Which means you are eligible.
• It is not mandatory for a company’s entire business operations to be based on the circular economy; it can constitute a part of the product or service offered.

The panel will select companies for the list based on the following eligible criteria:

• The viability of the business model and its economic sustainability.
• The innovativeness of the solution.
• The scale of the underlying problem being addressed.
• The approach to mitigating environmental impacts and utilizing existing resources.
• The company’s commitments and goals related to nature and resource usage.
• The environmental impacts throughout the value chain.

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Benefits

The companies featured on the list will receive the following benefits:

• They will have the opportunity to present their own narratives to a global audience at the World Circular Economy Forum in 2024.
• They will be among the early adopters who can showcase how circular solutions can drive business growth, address customer challenges, and simultaneously help mitigate biodiversity loss.
• They will gain the ability to identify and communicate how their circular solutions contribute to biodiversity preservation.
• The list will be unveiled at the World Circular Economy Forum (WCEF) in 2024, the premier global event for the circular economy.
• It is expected to gain significant visibility through both WCEF and Sitra’s extensive international partner network. Companies featured on the list will be invited to WCEF2024 and, if they choose, can showcase their solutions in the forum’s exhibition area.
•  Additionally, there will be a limited number of speaking opportunities available.

Application Process

Click here to apply

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