Hitting green goals via capital and awareness
Around 11 million tonnes of plastic waste flows into the oceans each year – a figure set to nearly triple by 2040. Now more than ever, nations and various organisations are springing into action in an attempt to accelerate an efficient circular economy in order to help save the planet.
The United Nations Environment Programme said that a shift to a circular economy can reduce the volume of plastic production by 55 per cent and the volume of waste in the oceans by 80 per cent, while reducing greenhouse gas emissions by a quarter. A successful transition is also expected to save governments $70 billion by 2040 and could create 700,000 additional jobs.