{"id":3865,"date":"2021-11-19T21:34:47","date_gmt":"2021-11-19T14:34:47","guid":{"rendered":"http:\/\/bbs.binus.ac.id\/management\/?p=3865"},"modified":"2021-12-19T21:36:10","modified_gmt":"2021-12-19T14:36:10","slug":"rethinking-the-future-of-plastics","status":"publish","type":"post","link":"https:\/\/bbs.binus.ac.id\/management\/2021\/11\/rethinking-the-future-of-plastics\/","title":{"rendered":"Rethinking the future of plastics"},"content":{"rendered":"

The new report explains that improvement efforts to date are highly fragmented and subscale. Urgent action is needed to move the industry into a positive spiral of value capture, stronger economics, and better environmental outcomes. The report explains how stakeholders evolve toward a \u201cNew Plastics Economy\u201d with three main ambitions:<\/p>\n

    \n
  1. Create an effective after-use plastics economy by improving the economics and uptake of recycling, reuse, and controlled biodegradation for targeted applications.<\/li>\n
  2. Drastically reduce leakage of plastics into natural systems (in particular, the ocean) and other negative externalities.<\/li>\n
  3. Decouple plastics from fossil feedstocks by\u2014in addition to reducing cycle losses and dematerializing\u2014exploring and adopting renewably sourced feedstocks.<\/li>\n<\/ol>\n

    Even with today\u2019s designs, technologies, and systems, these ambitions can be at least partially realized. For example, one recent study found that 53 percent of plastic packaging in Europe could today be recycled \u201cecoefficiently.\u201d While the exact figure can be debated and depends on, among others, the oil price, the message is clear: there are pockets of opportunities to be captured already\u2014and even where not entirely feasible today, the New Plastics Economy offers an attractive target state for the global value chain and governments to collaboratively innovate toward.<\/p>\n

    Redesigning materials, formats, and systems; developing new technologies; and evolving global value chains requires a new approach to achieve a systemic shift toward the New Plastics Economy. A coordinating vehicle is needed to drive this, with an initial focus on establishing a global plastics protocol and coordinating large-scale pilots and demonstration projects, mobilizing large-scale \u201cmoon shot\u201d innovations (such as developing \u201cbio-benign\u201d materials and polymers with superior recyclability), developing insights and building an economic and scientific evidence base to better understand material flows and economics of various solutions, engaging policy makers and providing them with a tool kit to better assess policy options, and coordinating and driving communication across the various stakeholders acting along the global plastic-packaging value chain. We understand the work involved means this won\u2019t happen overnight. But the time to start is now.<\/p>\n

    Further reading: https:\/\/www.mckinsey.com\/business-functions\/sustainability\/our-insights\/rethinking-the-future-of-plastics<\/p>\n","protected":false},"excerpt":{"rendered":"

    The new report explains that improvement efforts to date are highly fragmented and subscale. Urgent action is needed to move the industry into a positive spiral of value capture, stronger economics, and better environmental outcomes. The report explains how stakeholders evolve toward a \u201cNew Plastics Economy\u201d with three main ambitions: Create an effective after-use plastics […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3865","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts\/3865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/comments?post=3865"}],"version-history":[{"count":1,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts\/3865\/revisions"}],"predecessor-version":[{"id":3866,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts\/3865\/revisions\/3866"}],"wp:attachment":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/media?parent=3865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/categories?post=3865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/tags?post=3865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}