Embracing circularity to spark economic transformation

The inauguration event of the Circular Investment Readiness Network (CIRN) on November 21st marked a milestone for the supporters of sustainable economic practices.

The network, launched by CircularInvest and DEFINITE-CCRI, aims to create a community of like-minded professionals to cultivate discussions, foster collaborations, and channel investments towards advancing circularity in European cities and regions.

The transition to a circular economy promises a multitude of benefits, including higher productivity, enhanced cost efficiency, and overall economic growth — all achieved while respecting our planet's boundaries. However, because of their innovative nature, circular projects often encounter hurdles while looking for financial backing.

The CIRN kick-off event emphasised the need for investors to expand their perspectives beyond conventional investment paradigms and support circular innovation. Institutions like the EIB already offer funding for circular projects, but many investors still lack the knowledge and confidence to invest in circular business opportunities. Contrary to misconceptions, circular actions offer strategic advantages for financial entities. By promoting reuse, remanufacturing, and recycling, these initiatives optimise resource efficiency, reducing costs and reliance on new materials, and mitigating supply chain risks. Furthermore, encouraging companies to innovate through new business models and design approaches can generate new revenue streams and bolster market competitiveness.

Read the full article on the CIRN website

Join the CIRN now to get access to exclusive resources and receive invitations to future events.

Latest news

Apply now for free services to boost your circular economy project


We are thrilled to announce the launch of CircularInvest's third call for expressions of interest, inviting cities and regions across Europe to reshape the way they manage resources.

Attracting investors: the power of circular impact – A WCEF2024 accelerator session


Join the Circular Investment Readiness Network on April 17th from 8.30 to 10.00 to discover how to leverage impact measurement to attract investors

Accelerating Circular Innovation in Urban Landscapes - Webinar recording now online


The transition to a circular economy requires innovation in various directions, including production, consumption, and disposal. This webinar focuses on how to facilitate innovation in small to medium-sized European cities, with a particular focus on promoting circular economy business ideas.

The Circular Investment Readiness Network is inviting members to join


CircularInvest and DEFINITE-CCRI are launching the Circular Investment Readiness Network, a Europe-wide community of practice to help circular economy projects overcome development and funding challenges. The initiative will officially kick off online on the 21st of November, 2023, from 10:00 to 11:30 CET.