July 3rd marksĀ International Plastic Bag Free Day, which is part of theĀ #breakfreefromplastic movement, a global movement envisioning a future free from plastic pollution. Preventing and reducing plastic pollution is an important topic for The Economist GroupāsĀ World Ocean InitiativeĀ (WOI). An often-cited statistic from the Ellen MacArthur Foundation shows why: by 2050 there could be a larger tonnage of plastic than of fish in the ocean. With only around 14% of plastic being recycled worldwide, a staggeringĀ US$80bn-120bn is lost to the global economy per year.
In a blog for WOI, I discuss how our recent coverage highlights the need for systemic change, concerted corporate action and international collaboration. Read the full blog here.
More posts on the ocean economy:
- Speaking at Economist Impact’s 12th annual World Ocean Summit & Expo in Tokyo
- Bali Ocean Days: Aligning investment, underwriting and lending activities with building a sustainable blue economy
- Speaking about “Impact Finance for a Sustainable Blue Economy” at Bali Ocean Days
- Joining the United Nations Environment Programme Finance Initiative (UNEP FI)
- Reminiscing about the successes of 2024