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A CIRCULAR ECONOMY FOR PLASTICS

March 11, 2019

The challenges and opportunities posed by the current plastics system demand fundamental change in which research and innovation (R&I), enabled and reinforced by policymaking, play a crucial role. While plastics bring benefits as a functional material, the current system has significant unintended drawbacks, including economic loss of material value and environmental damage, such as marine litter. It has become evident that the plastics economy needs to change from a system that produces waste by design to one that preserves the value and benefits of plastics, but eliminates these drawbacks. While this transition can be accelerated by the accumulated effect of multiple small steps, such incremental progress will not suffice – systemic change powered by R&I and enabled through policymaking is the only longterm solution.

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