Tag: plastic waste (2 articles)

Industry   |   8 March, 2023 at 5:31 PM

€6.7 billion investment gap to meet Europe's plastics recycling targets

A new study finds an estimated investment gap of €6.7-8.6 billion must be closed to achieve Europe's pledged goal of placing on the EU market each year 10 million tonnes (Mt) of plastic recyclates in final products by 2025. Plastic packaging is the biggest contributor to the plastic waste problem and 25 companies are responsible for half of the world's plastic production.

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EU leads the way in green finance
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EU leads the way in green finance

The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.