Building a responsible Europe - the value of circular economy

In chapter 1 the work outlines the fact of pushing for economic growth for the last centuries. Chapter 2 then continues in highlighting the major characteristics of the next industrial era - the 4th industrial revolution. Successively chapter 3 introduces the concept of circular economy and briefly sketches its importance for global industrialisation. Chapter 4 focuses on the concepts of stocks and flows in circular economy and its importance in terms of production and waste. In chapter 5 and in the conclusions this paper outlines the concrete solutions and the additional value of circular economy that is to be brought for the current industrial system. The title of this paper alludes to the fact that concrete action is required in all sectors in order to make this revolution happen and to which extent Europe might be able to assume its responsibilities and lead such a shift to a more sustainable future.