Procurement can contribute to a more circular economy locally, nationally and globally.

It is public procurement of goods, services or development projects that stimulates energy and material efficient value chains with the most closed material cycles possible, in parallel with minimizing negative environmental impact and waste throughout the life cycle.

Circular procurement promotes circular economy.

Utilizing resources efficiently is the essence of a good economy. Circular economy is about moving from a linear economy where we extract resources, produce, consume, and throw to an economy where we manage the resources in such a way that we prevent waste from occurring. It is about managing and utilizing our resources in such a way that they give society the highest possible value and benefit for as long as possible, through increased service life, reuse and recycling of resources. Municipalities and companies that focus on resource efficiency can achieve direct and indirect cost savings, new sources of income and a better reputation. Circular economy is nothing new, but has received increased international attention and interest in recent years.