1. Pavel Misiga Eco-innovation and Circular Economy DG Environment - European Commission What is eco-innovation and its contribution to sustainable industrial system?

2. The global environmental challenge

3. From the challenge to a solution

4. The role of Eco-innovation in the Green Economy

5. What is eco-innovation? Types of eco-innovation: Incremental vs Systemic/disruptive Product Process Commercialisation/marketing Organisational Social System

7. Business opportunity Empirical evidence by the European Eco- innovation Observatory: 100 case studies Average cost savings 11% of annual turnover Mainly in process innovation Savings related to material efficiency, mainly innovations related to the use of metals, especially steel

8. EU policy: Eco-innovation Action Plan Environmental policy Demonstration projects Standards and performance targets Access to finance and support services to SMEs International cooperation New skills European Innovation Partnerships (Water, Raw materials and Agriculture)

9. Source: Ellen MacArthur Foundation, 2012

10. Thank you for your attention Policy http://ec.europa.eu/environment/ecoap/index_en.htm Funding http://ec.europa.eu/environment/eco-innovation/about/index_en.htm http://ec.europa.eu/environment/life/themes/environment.htm http://ec.europa.eu/research/horizon2020/index_en.cfm?pg=home Useful links to other EU initiatives http://www.eco-innovation.eu/ http://www.ecopol-project.eu/