New Plastics Economy report: a blueprint for a circular future for plastics
Today sees the release of The New Plastics Economy: Rethinking the future of plastics, a report on the application of the circular economy framework to global flows of plastic packaging.
The study offers a blueprint to design a circular future for plastics, with research conducted by the Ellen MacArthur Foundation, World Economic Forum and McKinsey and Company, and insight from numerous governments, business, industry associations and experts.
— Ellen MacArthur Fdn. (@circulareconomy) January 19, 2016
This is the first comprehensive assessment of global plastic packaging flows. The report finds that most plastic packaging is used only once; 95% of the value of plastic packaging material, worth $80-120 billion annually, is lost to the economy.
The report has been produced as part of the Project MainStream initiative, a global, multi-industry initiative which aims to overcome challenges that are too complex to be addressed by one organisation alone.
Find out more details and read the full report here.