Circular procurement

Circular Procurement

Procurement has the potential to shift the market towards more circular products and business models. Cities can help accelerate this shift by using their procurement and investment budgets to drive demand for circular services and products, and by integrating standards for circular products and services in existing public procurement frameworks. Such actions can make procurement a powerful tool for cities aiming to transition towards a circular economy - public spending for goods and services amounts to nearly 19% of the EU’s annual GDP.

Implementing circular procurement

Circular procurement is a different way of acquiring goods and services. It means to look beyond the purchasing price and, instead, to also consider the lifecycle of products throughout the supply chain. Implementing circular procurement means to shift the focus towards the use of a product, rather than on its ownership. This circular approach to procurement can contribute to the development of circular business models. As a city, you can also use circular procurement to achieve goals related to resource efficiency, social responsibility and economic resilience.