La presente informativa è resa, anche ai sensi dell’art. 13 del D. Lgs. 196/2003 “Codice in materia di protezione dei dati personali” (“Codice Privacy”) 
e degli artt. 13 e 14 del Regolamento (UE) 2016/679 (“GDPR”), a coloro che si collegano alla presente edizione online del giornale Tribuna Economica di proprietà di AFC Editore Soc. Coop. 

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After its first year of operation, the Joint Initiative on Circular Economy provided €2.7 billion of long-term financing for projects that will help accelerate the transition towards a circular economy. This initiative launched by

the six largest public financial institutions in the EU aims to finance at least €10 billion of investments to support the circular economy over five years (2019-2023).

Members of the initiative are the Bank Gospodarstwa Krajowego (BGK - Poland), the Caisse des Dépôts Groupe (CDC - France), including Bpifrance, Cassa Depositi e Prestiti (CDP - Italy), the European Investment Bank (EIB), Instituto de Crédito Oficial (ICO - Spain) and KfW (Germany).

Over the last year, these six financial institutions supported projects across a variety of sectors including agriculture, industry and services, mobility, urban development, waste and water management. The projects span over all stages of the value chain and lifecycle of products and services, from circular design to value recovery. The most recent companies and projects supported include: CREAPAPER, a German start-up for circular paper production and innovative packaging. It produces paper from grass, which not only saves wood as a raw material but also results in significantly lower CO2 emissions and water consumption; Vestiaire collective, an online marketplace that allows its more than 9 million users to sell and buy second-hand luxury fashion pieces; Winnow to develop software and hardware solutions to reduce food waste in professional kitchens; Aquaservice, a leading Spanish water service provider that reuses and recycles all its material and carries out maintenance with a repair and reconditioning programme: Palazzo delle Finanze (Firenze) a recovery intervention of the existing buildings aimed at the establishment of new productive uses and annexed offices as well as the complete redevelopment of the area outside the complex; Starmeat, top quality meat processing Polish manufacturer using an innovative process to reduce wasted meat. 

The Joint Initiative on Circular Economy (JICE) provides loans, equity investment, guarantees and technical assistance to eligible projects and develops innovative financing structures for public and private infrastructure, municipalities, private companies of different sizes as well as for research and innovation projects. In addition, JICE contributes to the ongoing initiatives led by the European Commission by building knowledge through dedicated working groups and developing financing schemes. In that sense, it will increasingly engage in circular economy knowledge dissemination activities that will help develop and spread a circular economy culture across European business and financial landscape.