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Today's understanding of the circular economy fails to address issues of global social equity and threatens to exacerbate the divide between high- and lower-income countries, making it clear that a global circular economy will not be socially just by default. This report (and accompanying policy briefs) lays out the case for thinking beyond borders to achieve a sustainable, circular economy that matches environmental goals with social ambitions. It highlights key levers for governments and multilateral bodies, illustrating the benefits of a global, socially just approach to environmental, trade and development policies, and the risks of continuing along current policy pathways.