The Netherlands commits to implement the Value Chain Agreement on Closing the Phosphorus Loop (VCAP). VCAP is a collaboration between Dutch farmers, water boards, fertiliser and food industry, knowledge institutes and the Dutch Ministry of Environment and Economics affairs focusing on creating a European market for recycled phosphorus. The VCAP is a voluntary agreement with a network of 20 parties and is enlarged with other frontrunners in the value chain (34 parties in 2016). The overall aim is to increase investments in businesses that are starting or scaling up activities in the field of secondary phosphorus and the circular economy. Ultimately, the VCAP will accelerate the transition towards sustainable and green growth.
The commitment falls under focus area 2 of the Batumi Initiative to promote the internalisation of negative externalities and the sustainable use of natural capital.
Implementing partners will include Dutch Nutrient Platform, European Sustainable Phosphorus Platform (ESPP), and Global Partnership on Nutrient Management (GPNM).
This commitment is relevant to SDG 1, 2, 3, 6, 8, 9, 11, 12, 14, and 17.