The virtual Institute of Eco-Industrial Development – IECO – is a project developed by KIT in conjunction with Universidad Austral de Chile, Universidad de Concepción and Universidad de Chile. The mission of IECO is to establish a bi-national multilateral institute for the study, research and innovation in the fields of industrial ecology and circular economy in Germany and Chile. IECO joins a diverse group of researchers and institutes from a wide range of academic fields to foster an interdisciplinary approach in the understanding, development and application of eco-industrial solutions. As a result, IECO contributes to the sustainable development of natural and culturally diverse regions and countries.