Cutting plastics pollution Financial measures for a more circular value chain
Year: 2023
Content-Type: Research Paper
Description: The issue of plastic waste pollution is attracting global attention and action. Initiatives such as the Global Treaty on Plastics, announced by the UN Environment Programme in Kenya in February 2022, is the first attempt at a global solution to this global problem which requires collective action. Over the past decade the European Union has played a leading role in fostering a more circular treatment of plastics, based on a mix of incentives and regulatory actions. However, further opportunities exist for pushing towards a more circular economy for plastics, through a smart combination of policy action and dedicated financial instruments. This report by the European Investment Bank’s Innovation and Digital Finance Advisory Division examines the inefficiencies that lead to leakages across the plastics value chain — built up over many decades of exponential growth in both the types and volume of plastics produced — and the potential for directing investment towards solutions to the problem.
Pages: 66 pages
Author: Hudson, Guy; Brzezicka, Paulina; Verbeek, Arnold; Samoylov, Roman
Categories: Biodiversity Protection, Climate / Resilience, Economic Development / Stability, Environment / Ecosystem, Publications, Sustainability
Tags: Biodiversity Protection, Economic Development, Environment, Sustainability, Value chain