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In Việt Nam, informal waste workers, where up to 90 per cent are women, help collect more than 30 per cent of recyclable plastic waste, reducing the financial burden on formal waste collection units and, ultimately, potentially reducing public spending on waste collection and treatment.
NextWave Plastics expands into Asia, accelerating circular plastic supply chains.
The Circulate Initiative has launched a new global edition of the Plastics Circularity Investment Tracker, the world's first tool to track the scale of private investments into the plastics circular economy. The findings reveal that nearly 90% of all investment since 2018 went to North America and Europe, developed economies that offer a stable investment and supportive policy environment, despite the top 20 countries for ocean plastic leakage being emerging economies.
While encouraging, it is significantly below the US$60 billion of annual investment needed under the systems change scenario which reduces plastic leakage
Report says rubbish mismanagement ranges between 50% and 75% in India and five Southeast Asian countries.