Plastics are everywhere in our daily life: they are used in packaging, buildings, cars, electronics, agriculture and many other sectors. Plastics production is currently 20 times higher than in the ’60s, and is expected to grow exponentially by 2050.
Plastics can offer multiple benefits: their production costs is low, they are durable and versatile. However, 90 % of plastics are derived from virgin fossil fuels; therefore, producing and using plastics pose many problems. Loss of material value as a result of single use and low recycling rates, negative impacts on the environment, climate and human health, are just a few of them.
The European Commission’s new plastics strategy, as part of a broader Circular Economy initiative, intends to establish an ambitious and a long-term path to rethink plastics.
The transition from a linear to a more circular economy is necessary to develop a sustainable, low carbon, resource efficient and competitive economy.
FEAD and EURACTIV organised a high-level debate to discuss how to meet the set targets and how to improve the current situation.
– Will the Plastics Strategy remain a vision or will each actor of the plastics
value chain take responsibility of turning the actions into reality?
– What did the Strategy foresee to ensure resilient markets for the increased volumes of recycled plastics?
– Will voluntary industry commitments be enough?
– Will the much needed investments be triggered?
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