Our circular economy proposal garnered more than 8.5% support from shareholders last year. Taking note of your initiatives, we would like to obtain information on the loans granted for the development of this new economy. Our monitoring in this area leads us to believe that some European institutions are able to complement their efforts by encouraging, through loans, the development of this economy, which requires a new way of assessing the appropriate financial support. We recognize that this is a significant challenge, but it involves financial institutions moving from the linear economy of “extracting, manufacturing, consuming, throwing away” to a model that integrates the product’s life cycle and a reasoned management of resources and that can be described with the following three R’s: Reduce, Recycle, Reuse. We would also like to draw your attention to the plea of the United Nations Environment Programme (UNEP), which has been made for several years, for an urgent decoupling between the economic growth, the consumption of virgin resources and the environmental impacts by mentioning an unprecedented degradation of ecosystems and the increasing emission of greenhouse gases (GHGs). It should also be noted that, on a global scale, only a little less than 9% of the resources extracted reintegrate the economy after a first cycle of use. It is therefore important that this reporting be made so that the Bank can set financing objectives for these companies and report on the achievement of these objectives in its annual reports.