Investment in plastic circularity falls ‘far below’ $1trn needed
The Circulate Initiative has called for greater investment to tackle plastic pollution, as new data revealed only $32bn a year of private investment went to plastics circularity between 2018 and 2023 – far below the $1trn needed.
In the third edition of the Plastics Circularity Investment Tracker, figures show that in 2019, 22 million tonnes of plastic waste was produced, an amount which could double by 2060 if immediate action isn’t taken to address the funding shortfall.