REPLACE aims at improving management, implementation and monitoring of regional policy instruments targeted at facilitating the transition towards a CE, while boosting sustainable development: the main operative target refers to the development and application of policies and actions focusing on identification, valorization, assessment and financing of circular value chains, resulting in new local and interregional projects. REPLACE will develop a replicable framework for regional benchmark on circularity excellence level.

REPLACE wants to fulfil a synergic use of funding for CE, connected to RIS3, to enhance innovation and competitiveness, as well as economic and employment performances while increasing effectiveness of policy instruments.
In fact, REPLACE has an innovative horizontal cross-cutting approach, not focusing on one or more specific aspects of CE, but dealing with the lack of an effective and shared strategy for CE at regional level.