1、FinanceTracking capital flows in the circular economy The Circularity Gap Report FinanceBehind the coverJust as star trails reveal hidden patterns in the night sky,the Circularity Gap Report Finance traces the often-invisible paths of capital through our economy.The cover reflects this dual motionna

2、tural and financialreminding us that to build a circular future,we must understand where our money goes and what it enables.2The Circularity Gap Report FinanceCircle Economy is driving the transition to a new economy.In this economy we help businesses,cities and nations leverage business opportuniti

3、es,reduce costs,create jobs and inspire behavioural change.As a global impact organisation,our international team equips business leaders and policymakers with the insights,strategies,and tools to turn circular ambition into action.Circle Economy has been at the forefront of the circular economy tra

4、nsition since 2012.Our annual Circularity Gap Report sets the standard for measuring progress and we manage the worlds largest circularity database,encompassing data from over 90 nations,350 cities,and 1,000 businesses.3The Circularity Gap Report Finance With support from IFCIFCa member of the World

5、 Bank Groupis the largest global development institution focused on the private sector in emerging markets.We work in more than 100 countries,using our capital,expertise,and influence to create markets and opportunities in developing countries.In fiscal year 2024,IFC committed a record$56 billion to

6、 private companies and financial institutions in developing countries,leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet.For more information,visit www.ifc.org.In collaboration with KPMG KPMG,as a global network of firms operating