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

In: SDGs in Construction Economics and Organization

Author

Listed:
  • 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))

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.

Suggested Citation

  • Rebecka Lundgren & Riikka Kyrö & Stefan Olander, 2023. "Circular Economy in the Nordic Real Estate and Construction Industry: A Policy Review," Springer Proceedings in Business and Economics, in: Göran Lindahl & Stefan Christoffer Gottlieb (ed.), SDGs in Construction Economics and Organization, chapter 0, pages 297-310, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-25498-7_21
    DOI: 10.1007/978-3-031-25498-7_21
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