Explanatory Paper – The Financial Rationale for a Robust Circular Economy Act
24 maart 2026
During the Week of the Circular Economy (19-27 March), the NVB brought its members together for an inspiring knowledge and network event build around a clear financial narrative: why circularity is not just a sustainability topic, but a strategic necessity to retain value, reduce volatility and mitigate supply-chain risks.,
A special digital welcome was given by Dutch Minister of Climate and Green Growth, Stientje van Veldhoven. Her message was clear and straightforward: ‘Circularity is a strategic necessity for our economy, and as banks, you play a key role moving capital from the take make waste economy to a more circular business model’
Price volatility for key raw materials, driven by global shortages, export restrictions, sanctions, energy shocks and geopolitical instability, is directly affecting margins and competitiveness in European markets. At the same time, Europe remains highly dependent on imported raw materials, while exporting valuable waste due to limited domestic recycling capacity. As demand for these materials rises across sectors, such as wind and solar energy, defence, digital infrastructure and mobility, Europe’s exposure to supply risk will intensify.
These developments have structural implications for the financial sector, as they influence the resilience of businesses.
To support its members, the NVB has published an Explanatory Paper outlining the financial rationale for a robust Circular Economy Act. The paper complements the NVB’s position paper and provides a concise narrative that helps banks translate circularity into risks to manage and opportunities to identify.
Read the full Explanatory Paper to explore how circularity can strengthen economic resilience, and why a strong Circular Economy Act is essential from a financial perspective.