The Ellen Macarthur Foundation says:
More than 40 industry leaders have endorsed a new action plan to tackle global plastics issues, and have begun working together to create a more effective global system for plastics. The plan, laid out in The New Plastics Economy: Catalysing action, which was launched today by the World Economic Forum and the Ellen MacArthur Foundation, would see 70% of plastic packaging reused and recycled globally, up from today’s recycling rate of 14%. The remaining 30% of plastic packaging, equivalent to 10 billion garbage bags per year, needs fundamental redesign and innovation.