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Circular Gap Report is published as part of the Platform for Accelerating the Circular Economy (PACE) PACE is a public-private collaboration mechanism and project accelerator dedicated to bringing about the circular economy at speed and scale. It brings together a coalition of more than 70 leaders and is co chaired by the heads of Royal Philips and the Global Environment Facility. The report offers essential metrics to track progress and underlines the key role played by cities and regions in bridging the gap. Governments and businesses alike must engage in far-reaching, cross-border collaborations for circular value chains and climate neutrality.