The Circular Economy (CE) is an economic and production model that seeks to maximise the use of resources, reduce waste and promote the reuse, recycling and regeneration of materials, with the aim of creating a sustainable and more efficient system. In recent years, this model has generated a lot of interest and visibility in Chile, both among consumers and in the public administration and private sector.
In that sense, in the Chilean private sector there are still few actors that are making real changes to their models and processes to incorporate the circular economy, mainly due to the lack of knowledge about what it is and how to participate in this transformation through their businesses.
For this reason, the Eurochile Business Foundation has set out to disseminate and support the transition towards this alternative economic model, taking advantage of its close ties with the European Union, a community that is at the forefront of progress in the circular economy. Thus, Eurochile provides the necessary support to companies seeking to move towards a circular economy and redesign their production and management processes. In this way, resources are used optimally, maintaining their usefulness and value at all times, improving the company’s productivity and increasing its competitiveness at national and international level.
This mission translates into the development of the following activities for companies and institutions that want to advance in circular economy issues:
- Organisation of seminars and trainings with the participation of European experts to disseminate experiences and good practices from the European Union, and to promote technology transfer and issues related to the Circular Economy.
- Establishment of the Circular Economy Working Group, which seeks to foster collaboration between companies of different sectors and sizes to generate new projects, exchange information and transmit the needs of the private sector to public actors for their incorporation into government policies.
- Development of projects to strengthen capacities and knowledge on circular economy issues, business rounds, missions of European companies to Chile and tours of Chilean companies to Europe to strengthen the innovation and entrepreneurship ecosystem through business cooperation between Chilean companies and counterparts in member countries of the European Union.