one of the main building blocks of the European Green Deal, Europe’s new agenda for sustainable growth. The EU’s transition to a circular economy will reduce pressure on natural resources and will create sustainable growth and jobs. It is also a prerequisite to achieve the EU’s 2050 climate neutrality target and to halt biodiversity loss.
acronym: CEAP
see also ecodesign; circular economy
note: Through its measures on material efficiency, recycling performance, durability and ecodesign, the action plan is expected to have a significant, and predominantly positive impact on copper markets.