Circular Economy in the Nordic Real Estate and Construction Industry: A Policy Review

Rebecka Lundgren (), Riikka Kyrö () and Stefan Olander ()
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Rebecka Lundgren: Real Estate Science, Faculty of Engineering at Lund University (LTH)
Riikka Kyrö: Real Estate Science, Faculty of Engineering at Lund University (LTH)
Stefan Olander: Construction Management, Faculty of Engineering at Lund University (LTH)

Chapter Chapter 21 in SDGs in Construction Economics and Organization, 2023, pp 297-310 from Springer

Abstract: Abstract Circular economyCircular economy (CE) has gained attention in the real estateReal estate and construction policy, practice, and research in the past few years. This study explores how two neighboring Nordic countries and EU member states, SwedenSweden and FinlandFinland, are transitioning toward circularity in the real estateReal estate and construction industryConstruction industries context. The aim is reached through a review of CE policies on the national and industrial level, as well as a practice review on the city level. Common features for both countries include the promotion of circular business modelsBusiness models, with digitalizationDigitalization seen as an enabler for circular economyCircular economy. This indicates that the policies from both countries have moved beyond the so-called long loops and recycling focus. Still, much more focus should be placed on the short loops, such as sharing and access-based models, which are more efficient in reaching sustainable consumption targets.

Keywords: Bioeconomy; Circular economy; Digitalization; Finland; Sweden (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-25498-7_21

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DOI: 10.1007/978-3-031-25498-7_21

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