The international banking community, in the face of the United Nations Environmental Program Finance Initiative (UNEP), recognizes the need for a fundamental change in the banks' approach to the economy. In the context of this way of thinking is the Positive Impact Manifesto, adopted by this organization in May 2016. It states that banks should use their unique position as intermediaries between the real economy and the capital markets and begin to reorient their business models to finance sustainable development, an integral part of which is environmental protection. The aim of this change must be to realize a fully positive impact from its activities, which in turn is defined as "demonstrably leading to a positive impact on the economy, society and the environment, after due consideration and minimization of all negative impacts".

The purpose of this study is to analyze some good practices in three countries leading into circular economy orientated policies - China, Brazil and Peru, and based on this analysis, to draw some insights into the future of banking in the transition from linear to circular economy.