07 May 2021

Study on Circular Economy developments in the GCC region and opportunities for collaboration with the European Union

Noriko Fujiwara / Vasileios Rizos / Jorge Núñez Ferrer

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This report explores developments in the field of the circular economy in the Arab States of the Gulf region (notably the members of the GCC – the Cooperation Council for the Arab States of the Gulf), to identify areas where the EU and the GCC countries can strengthen their collaboration. Focusing on two GCC countries with recent policy developments in this area: Saudi Arabia and the United Arab Emirates, the study first examines the current framework conditions that would shape prospects for a circular economy and then explores emerging business opportunities.
The research was conducted via a literature review and online interviews with experts from the region, and concludes that there are three main areas where the EU and GCC countries could further collaborate on the circular economy: infrastructure development, regulatory enforcement, and funding mechanisms.

The report was prepared in the context of the EU-GCC Dialogue on Economic Diversification Project, which is financed by the European Union through its FPI Partnership Instrument. It was first published on the European External Action Service’s website.