Summary

“The CE concept is fast becoming a new model for resilient growth in both developed and developing economies. In particular, it offers a viable alternative strategy for industrial development and job creation compared with the traditional manufacturing-led growth pathway for developing countries. Political and economic conditions in developing countries will necessitate different pathways to the CE from those employed to date in developed countries, but the CE opens up many new economic opportunities which developing countries are well positioned to harness.

Below we outline a series of priority steps through which national policymakers, international policy and financial institutions, and the ecosystem of stakeholders supporting the UN’s 2030 Agenda can support the deployment and scaling up of the CE in developing countries.”