Assessing the circular economy transformation

A different approach to measuring the circular economy transition in cities is the one provided by the OECD in its Programme for the Circular Economy in Cities and Regions.

In this programme, the OECD is developing a set of tools towards a CE framework such as:

  • Key input, process and output indicators regarding CE initiatives in place, with a focus on the economic and social aspects;
  • A scoreboard for measuring how circular a city/ region is, based on key dimensions, such as innovation, system change, jobs and skills, economic and finance, a functional approach;
  • A self-assessment tool to identify whether governance conditions are in place, work well or need to be improved. The potential of the CE can be exploited if the necessary governance and economic conditions are in place: legal and regulatory frameworks need to be updated; policies aligned, stakeholders informed and engaged; progress and results monitored and evaluated; clear and robust business cases created.“

(Source : http://www.oecd.org/cfe/regional-policy/circular-economy-cities.htm)

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