Updated: Nov 4, 2022
Forbes, 9 October 2020
As the effects of COVID-19 continue to reverberate across the globe, it’s becoming clearer how the pandemic is threatening progress that investors, advocates, and entrepreneurs hope to see in the fight against plastic pollution.
We now know the acceleration of plastic waste into our environment contributes to consequences that go far beyond the health of the world’s ocean — mismanaged plastic waste is a serious public health problem. It is estimated that just 14% of plastic packaging is collected for recycling globally. Of the remainder, about 14% of packaging is incinerated, 40% is sent to landfill and more than 30% leaks into the environment. More than 2 billion people worldwide lack access to waste management services. Without other options, this means millions of tons of plastic are dumped into rivers, where plastic flows into the ocean or burned.