In December 2018, the European Commission's Directorate General for Environment awarded the EIO5 contract to a consortium of five project partners led by Technopolis Consulting Group Belgium to maintain and further develop indicators and metrics of eco-innovation performance, which were developed by the Eco-Innovation Observatory (EIO) during 2010-2018.
The overall objective of the project is to contribute to better eco-innovation policy making by improving the monitoring system and understanding of eco-innovation and circular economy trends. The specific objectives are:
- To further expand the basis for the EU eco-innovation and circular economy observation system by supplementing existing reliable indicators with new metrics for monitoring policy performance across the Member States.
- To strengthen the Eco-Innovation Index, including the indicators and methodology for its calculation.
- To maintain the eco-innovation monitoring in Member States by producing the annual Eco-innovation Index and biennial analysis of eco-innovation and circular economy developments in each of the EU Member States.
- To contribute to understanding the eco-innovation and circular economy challenges in the EU and beyond by producing in-depth analysis in the biennial report.
The Wuppertal Institute will lead the work on the Biennial Analytical Report.