Plastics are the workhorse materials of the modern economy, combining unrivalled functionality with low cost. While integral to the economy, their linear take-make-dispose value chains have significant economic and environmentaldrawbacks as most of the material ends up as waste. Businesses and governments are now, for the first time, recognising the need to fundamentally rethink the global plastics system.
The New Plastic Economy provides a bold vision of a plastics system that works: a circular economy for plastics. In two acclaimed analytical reports, both launched at World Economic Forum annual meetings in Davos, the Ellen MacArthur Foundation has outlined this vision and a set of concrete actions to harness the benefits of plastic while addressing its drawbacks. This document comprises the main findings of both reports.