Systemic  innovation

The RMC-Covenant Circular Economy 2022 is a pilot of a systemic eco-innovative process, testing an oversight system between the value chain partners of multi-stakeholder partnerships related to a circular and collaborative economy at territorial level to increase resource productivity.

The partners of this collaborative scheme for transformational collaboration will set their internal agreement in the form of a Covenant which

  • Will set action plans for regions, cities and other economic and social actors in an open-coordination way to improve value chain performance in the framework of the EIP on Raw Materials
  • Will be signed by the end of 2015
  • Has a web portal to mobilise business, civil society and public authorities
  • Will lead to action plans at regional level, which will be adopted by 2016
  • Will deliver results by 2022, the time of Rio+30

The RMC-Covenant Circular Economy 2022 is inspired by the success of the Covenant of Mayors.

The RMC-Covenant Circular Economy 2022 will facilitate new forms of multi-stakeholders value chain open-coordination and trust building and accelerate the transition towards resource productivity and a performance economy.

We need transformational partnerships as between state actors and non-state actors that aim to make collective goods available and contribute to sustainable development in the context of poverty eradication (Source: European Environment Agency).

Transformative partnerships will play a key role in designing an integrated system for managing a circular economy. This applies as well to the nexus water-energy-food-raw material-climate-poverty and related challenges. Such partnerships should provide new mechanisms for cross-institutional collaboration. Transformative partnerships offer good prospects for being learning institutions and generate eco-innovation.

Transformation challenges:

  • Cooperation at value chain is a driver
  • Business needs to be part of an inclusive world
  • Market alone can’t deliver the protection of the commons.

Transformative means:

  • Systemic issue
  • Core competences of all partners are complementary
  • Appropriate set of partners and trust
  • Building partnership to scale up and replicate.