Indicator 2. Number of circular projects located in the port area

Indicator

Circular projects are initiatives contributing to the circular economy (f.i. through R-strategies), that are not (yet) financially independent or profitable, such as pilot projects or start-ups; or that have a limited timeframe. This indicator is absolute, measuring the total number of circular projects in the port area. Circular projects can be led by port companies, PMBs or other stakeholders. The port area is defined as the geographical territory managed by the Port Management Body.

How to measure its value

Calculation: Sum of all know circular projects in the port area.

Unit: Integer

Limitations

  • The hierarchy of R-strategies and the impact level are currently not considered.
  • Although this indicator gives an indication of potential future profitable circular activities, it is uncertain whether projects will actually transition to this level. Over time, iterative measurements could also include information about the evolution of the CE projects.
  • The means of collecting information as an impact on the margin of error of the measurement. Not all projects may be on the PMBs radar for instance.
  • Some circular projects may lie outside the port area, aiming to relocate there once scaled up. These are not included in the indicator.  Confidential or unregisterd projects may also be missed, making underestimation likely.