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Circular economy measures to keep plastics and their value in the economy, avoid waste and reduce marine litter

Author

Listed:
  • ten Brink, Patrick
  • Schweitzer, Jean-Pierre
  • Watkins, Emma
  • Janssens, Charlotte
  • De Smet, Michiel
  • Leslie, Heather
  • Galgani, François

Abstract

We live in the plastic age (the "plasticene"), producing over 300 million tonnes (mt) of plastic every year globally, 5-15 mt of which flow into already polluted oceans. Plastic remains a key material in the global economy, but low rates of collection, reuse and recycling, emissions of microplastic from product wear and tear, and often insufficient disposal measures are leading to far-reaching environmental, health, social and economic impacts. The costs of inaction are unacceptably high. Globally there is a growing recognition of the need to address marine litter and rethink our approach to plastics and plastic packaging within the economy. Measures that enable a transition to a circular economy can avoid waste and reduce marine litter, and contribute to keeping plastics and their value in the economy.

Suggested Citation

  • ten Brink, Patrick & Schweitzer, Jean-Pierre & Watkins, Emma & Janssens, Charlotte & De Smet, Michiel & Leslie, Heather & Galgani, François, 2018. "Circular economy measures to keep plastics and their value in the economy, avoid waste and reduce marine litter," Economics Discussion Papers 2018-3, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwedp:20183
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    File URL: http://www.economics-ejournal.org/economics/discussionpapers/2018-3
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    File URL: https://www.econstor.eu/bitstream/10419/173128/1/1011145367.pdf
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    References listed on IDEAS

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    1. Paulo A.L.D. Nunes & Lisa E. Svensson & Anil Markandya (ed.), 2017. "Handbook on the Economics and Management of Sustainable Oceans," Books, Edward Elgar Publishing, number 17310.
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    Cited by:

    1. Stafford, Richard & Jones, Peter JS Dr, 2019. "Viewpoint – Ocean Plastic Pollution: a convenient but distracting truth?," MarXiv fu5dp, Center for Open Science.
    2. Takuro Uehara & Alayna Ynacay-Nye, 2018. "How Water Bottle Refill Stations Contribute to Campus Sustainability: A Case Study in Japan," Sustainability, MDPI, vol. 10(9), pages 1-19, August.

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    More about this item

    Keywords

    G20; circular economy; plastics; marine pollution;
    All these keywords.

    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics

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