The Circular Economy already contributes today, in Europe, to the creation of wealth and well-being: in 2018 it generated 300-380 billion euros of gross domestic product, with 90-110 billion euros of investments and up to 2.5 million euros. jobs in 2018. It emerges from the study carried out by the Enel Foundation and The European House-Ambrosetti which estimates the economic, social and environmental benefits associated with the transition to a circular development model as required by the European Union Action Plan for 'Circular Economy, one of the main elements of the European Green Deal.
The results are "heterogeneous": Italy and Spain show a medium-high level of development, while Romania is at the bottom of the ranking.
But then Romania pressed on the accelerator while Italy, Great Britain and Germany are slower in the transition.
The study shows how, in 2018, the Circular Economy is correlated to 27-29 billion euros in Italy, 10-12 billion euros in Romania and 33-35 billion euros in Spain.
At the same time, the Circular Economy is linked to around 200,000 jobs in Italy, 20,000 in Romania, 350,000 in Spain and up to 2.5 million in Europe again in 2018.
The study also estimates an investment effect of 8-9 billion euros in Italy, 1-2 billion euros in Romania, 9-11 billion euros in Spain and a total impact of 90-110 billion euros in the European Union. in 2018.
Significant benefits are also estimated on labor productivity: approximately 560-590 euros per employee per year in Italy, 1.210-1.270 euros per employee in Romania (the country with the greatest impact), 640-670 euros for employee in Spain and 570-940 euros per employee overall at European level.
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