Invitation to tender for projects on “The role of economic instruments in a circular economy”

09.11.22 | Funding opportunities
The Nordic working group for the environment and economy (NME) under the auspices of the Nordic Council of Ministers welcomes tenders for a project on “The role of duties in a circular economy". Tenders must be submitted by 9 December 2022.


Opportunity category
Public procurements
Fri, 09/12/2022 - 03:00 PM
Financial framework
DKK 400,000
Åland Islands
Faroe Islands


The transition to a circular economy is a major undertaking in the Nordic countries. The entire product lifecycle from design to waste management is part of the circular way of thinking, where you use what has been produced to use resources efficiently and preserve the resources in a cycle for as long as is economically, technically, and practically possible. Economic instruments such as excise taxes have the potential to cost-effectively create incentives for a circular transformation of society. These could be specific excise taxes on raw material extraction and on waste incineration, the modification of existing taxes such as VAT relief on repairs, or in some cases economic support for the development of new solutions. However, all controls, be they economic or direct regulations, can in principle promote or slow down the transition to a circular economy.

Assignment and purpose of the project

The project must support the project “The circular economy in the Nordic Region – potential and necessary measures” by analysing the potential of using new economic instruments or modifying existing instruments to promote the transition to a circular economy. The analysis must be done from a socio-economic perspective.

Clarification of the following issues is of interest:

  • Is there potential in new economic instruments to promote the transition to a circular economy, i.e. which instruments can help steer the handling of products and waste in a more circular direction?  
  • In what way do existing environmental and energy-motivated economic incentives aid or hamper the transition to a circular economy? Is the cost to society reflected in environmental and climate externalities in the economic instruments?  
  • How can existing instruments be improved upon or modified?

This is an extensive and complex topic. Within the economic framework, and based on their own expertise and experience, the consultant may choose to emphasise one or more of the aspects described. The consultant must, as far as possible, link the analysis to one or more of the sectors or themes examined within the project “The circular economy in the Nordic Region - Low-carbon circular transition in the Nordics”. The project will compile knowledge from scientific literature, primarily empirical literature, which is as relevant as possible to the Nordic countries and which can help to develop recommendations in areas where there are currently no economic instruments. The review shall provide a basis for making recommendations on economic instruments in a circular economy in the Nordic Region.


The budget framework for the project is DKK 400,000 (incl. VAT). The budget should cover standard project expenses as well as travel and communications.


NME at the Nordic Council of Ministers must receive tenders no later than 9 December 2022 at 15:00 CET. All documents must be submitted by this deadline. Material received after this date will not be taken into consideration. A decision will be made in December, and any entity that has submitted a project proposal will be notified of this decision. The date for the final report will be set in the project contract.


Applications must be e-mailed to NME’s administrative body ( The project description/application form and compulsory budget form must all be in one of the Nordic languages or English. Applications must cite the journal number EPOELY/2565/2022

Attach additional appendices describing in more detail the factors which we take into consideration, e.g. an independent project description and CVs as separate files.

In assessing the tenderers, emphasis will be placed on:

  • the structure and planning of the work, including methodology and how relevant data will be collected and processed;
  • the timetable;
  • the distribution of responsibilities, use of time, general skills, and qualifications of those managing and implementing the project;
  • the tenderer’s previous experience in the area;
  • the Nordic contacts and networks that will be used in the project and fluency in the Nordic languages;
  • the expenditure for the proposed project period, including hourly rates per person and other expenses; and
  • the planned dissemination of the project.

Budget guidance and further information about funding from the Nordic Council of Ministers is available here: 

NME will assess the applications and choose the successful one. The working group reserves the right to reject all applications.

Please refer to the appendices for further information regarding project content and funding requirements:

Contact information