EU

SwitchMed to reveal insights on policy tools that can help green and circular economy businesses thrive in the Mediterranean

This year, in the context of the EU-financed SwitchMed initiative, SCP/RAC will undertake a comprehensive assessment of the policy framework in the Mediterranean to identify potential barriers that may be limiting opportunities for green and circular economy businesses.

Published on Thursday 14 May 2020· POLICY

This year, in the context of the EU-financed SwitchMed initiative, SCP/RAC will undertake a comprehensive assessment of the policy framework in the Mediterranean to identify potential barriers that may be limiting opportunities for green and circular economy businesses. Ensuring that these businesses thrive and gain a secure foothold in markets is important, since they are widely recognized as key drivers of the shift to more sustainable patterns of consumption and production in the region. The ultimate aim of the assessment is to reveal opportunities where policy instruments can be leveraged to improve the enabling environment for green and circular economy businesses. Building upon the knowledge and tools generated in the first phase of SwitchMed, SCP/RAC will examine 23 Mediterranean countries to document the policy, institutional and regulatory conditions in which these businesses are operating. This will provide a sound evidence base for the formulation of recommendations on regional policy measures to support them.

The assessment will be carried out between June and September 2020 by SCP/RAC and a team of expert consultants, in close coordination with the relevant national focal points and their nominated experts. The results of the assessment will be used to formulate recommendations on a set of regional policy measures that are effective, feasible and adapted to the diverse socioeconomic conditions in the region. These recommendations will feed into an online regional stakeholder consultation in October and November 2020 that will provide stakeholders with the opportunity to debate the applicability/feasibility of these measures from a national and regional perspective, propose alternatives and bring additional insights on the challenges faced by green and circular economy businesses. The final set of regional measures developed through these consultations will be submitted for consideration by the Focal Points of the Barcelona Convention and finally for endorsement by the Contracting Parties to the Barcelona Convention at their 22nd Meeting (COP 22) in December 2021.

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