Product Impact Assessment

Project Impact Assessment presents the quantitative and qualitative assessment of the social and economic impact of the Circular Economy practices implemented within the REFLOW project’s pilot cities. The deliverable reports on impact across three phases: (i) exploring and describing change, (ii) evidencing and measuring change, and (iii) valuing and monetizing change which are presented in the deliverable’s three respective chapters: (i) Theory of Change, (ii) Key Performance Indicators, and (iii) Social Return on Investment.Firstly, this deliverable provides the final iteration of the pilot cities’ Theory of Change, including their accompanying narratives. Secondly, the achieved results of the pilot cities’ socio-economic and environmental Key Performance Indicators are reported. The deliverable closes off with presenting the Social Return on Investments for the pilot cities at the level of a pilot solution. The results and outcomes from this deliverable provide the pathways to change, the social, economic, and environmental indicators to measure and evidence change, and the social value creation of circular economy practices implemented within the REFLOW pilot cities which support the business case for adoption of circular economy strategies by other European cities.