The report discusses the financial barriers in circular businesses, and how these barriers can be overcome. The first part of the report describes the report's context and provides a framework in which money is the enabler of the circular transition. It lays out the ambition of the financial sector to contribute by enabling companies to transition to CE and analysing their business models and product offerings. The second part of the report focuses on three components of the financial perspective on the circular transition. Firstly, the report analyses why CE needs new business models and case studies to determine the economic impacts of circularity. By changing the business model, one can collaborate better, new entities will appear, and performance will be enhanced. Secondly, risks and opportunities for a CE are discussed. Lastly, the macroeconomic consequences of widely adopted CE business models are discussed. The report also suggests the next steps – transitioning to a CE requires a system change in which collaborative action is the only way to enable the necessary growth. This report provides insights into the barriers for financial institutions along with case studies and ideas for how to address them. The report will be useful for cities, regions and other stakeholders to understand core concepts in financing CE as well as to draw inspiration for solutions on how to better engage the financial sector in the transition to a CE at local/regional level, including for support with the implementation of Circular Systemic Solutions.