Circular economy is a type of industrial economy that mimics natural ecosystems: materials are cycled infinitely, energy is derived from natural resources and the ecosystem is being looked after. This concept could have tremendous benefits for the countries that would adhere to it and Luxembourg officials seem to believe that the Grand Duchy is an ideal place to try the circular economy pattern. In time, it could enhance competitiveness, increase employment and reduce the environmental impact. Certain business fields could even benefit from an increase in investments.