DEFINITE-CCRI: Report on Investor Base and Financial Instruments
Updated on 29.07.2025
This report presents an overview of the best-placed investor categories to finance projects in the circular economy, in particular those selected to participate in the DEFINITE-CCRI programme. In addition, it provides a list of financial instruments applicable for financing such projects.
Relevance for Circular Systemic Solutions
The report targets circular economy value chains and engages actors across private and public sectors, including private banks, impact investors, green infrastructure funds, public development banks, national and regional governments, municipalities. It provides practical value by identifying financing instruments (such as project finance, revolving credit facilities, and equity options like angel investment setups) that cities and regions can use to support circular projects through tailored investment approaches.
For cities and regions, this means clearer pathways to secure financing, align with investor requirements, and increase the bankability of projects through an understanding of risks, returns, and suitable financial instruments. These findings are highly relevant for Circular Solution implementation, particularly in the “design” and “implementation” phases, as they help structure collaborations, attract capital, and bridge gaps between high-impact projects and financial viability.
CEAP2 key product value chain
e.g. chemicals, cosmetics, bio-based industries
e.g. re-use of public spaces and facilities in urban areas
<5 000
large 500 000-200 000, medium 200 000-50 000, and small cities 50 000-5 000
large metropolitan area >1.5 million, metropolitan area 1.5 million-500 000
predominantly urban regions, intermediate and predominantly rural regions, refer to TERCET typology NUTS 3 region
e.g. commercial, residential, service, industrial