This report wants to provide countries and their policy makers who are interested in a transition to the circular economy with a toolkit. To test this toolkit, a case study was performed for Denmark. It focused on opportunities in several sectors; food and beverage, construction and real estate, machinery, plastic packaging and hospitals. Eight important conclusions were drawn:
• The transition to a circular economy can deliver the expected lasting benefits of a more innovative, resilient and productive economy.
• The circular economy provides many opportunities that are profitable, but it turns out there are often non-financial barriers that obstruct these opportunities.
• Sector-by-sector analysis can be a valuable course of action to address specific opportunities and challenges.
• Improving the existing fiscal system and measurement of economic performance could help to establish a circular economy.
• Industry involvement and cross-government department collaboration are of the essence.
• Even in highly-developed and prosperous countries (such as Denmark), speeding up the pace of the transition to a circular economy brings significant opportunities.
• EU policies are needed to complement national policies with the ultimate goal to reduce the cost of doing sustainable business, for the circular economy has a cross-border character.
• The results of the toolkit will be varied for each country and is highly interlinked with their economic and policy starting positions. Moreover, the ReSOLVE (regenerate, share, optimise, loop and virtualise) framework was devel-oped, containing six action areas for businesses and countries that want to become more circular.