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The Opportunity to Invest in Strategies That Transform Asia’s Waste Management & Recycling Industry

Updated: Oct 25, 2021

AVPN by Regula Schegg

11 March 2021 — For many of us, 2020 was a year postponed as the global focus shifted to the essential task of combating the COVID-19 pandemic. But other urgent global issues didn’t take a break, and we lost ground on tackling crucial problems, like plastic pollution and climate change.

During this time, the waste management and recycling value chain in South and Southeast Asia ground to a halt, while the use of single-use and virgin plastics soared. Research shows that at the height of the pandemic, 80% of the recycling value chain was offline in Vietnam, India and the Philippines, while demand for recycled plastics dropped by 50%.[1]

The situation is untenable for the long run and the environmental impact is sobering.

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[1]Safeguarding the Plastic Recycling Value Chain: Insights from COVID-19 impact in South and Southeast Asia, Circulate Capital, 2020

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