World Bank Sees $6 Billion Wasted on Plastics in Southeast Asia
Southeast Asian countries lose out on as much as $6 billion a year as most of their single-use plastics are thrown out rather than recovered and recycled, the World Bank said in a new study.
More than 75% of recyclable plastics in Malaysia, Thailand and the Philippines are left to waste, representing a “significant untapped business opportunity” in the circular economy, according to the report issued Tuesday.
