Fund: Economie circulaire (Circular economy) - France
Country: France
Mechanism: The Fund has been created under the Lavenir (2019) national framework supporting the use of Contracts à Impact (the French equivalent of Social Impact Bonds) to promote innovation and prevention in social and environmental policies. These contracts are not intended to replace existing effective provision, but to complement it to provide additional, innovative programmes. The call for proposals also emphasised the importance of involving local stakeholders.
Purpose: The Circular economy fund is promoted by ADEME (the French agency for ecological transition) to support the emergence of innovative projects to protect the environment and the circular economy in particular (including the management of organic waste, re-use and recycling, city waste management, etc). 
Secondary SDG goals: 11,12,13,17
Expression of interest: 2020-09
Total outcome fund value, aspiration: 10000000 EUR
Total outcome fund value, actual: 27300000 EUR