Market Study for the Philippines : Plastics Circularity Opportunities and Barriers

Mismanaged plastic waste has growing economic and environmental consequences. USD 80-120 billion worth of plastic packaging is lost from the global economy each year due to lack of recycling and suboptimal value creation where recycling exists. Globally, 4.8 to 12.7 million tonnes of plastic leak in...

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Main Author:	World Bank Group
Format:	Report
Published:	World Bank, Washington, DC 2021
Subjects:	MARINE POLLUTION PLASTICS WASTE SOLID WASTE MANAGEMENT RECYCLING CIRCULAR ECONOMY OCEAN POLLUTION ENVIRONMENTAL PROTECTION BLUE ECONOMY NATURAL RESOURCES MANAGEMENT
Online Access:	http://documents.worldbank.org/curated/en/183811616083609678/Market-Study-for-the-Philippines-Plastics-Circularity-Opportunities-and-Barriers http://hdl.handle.net/10986/35295

id	okr-10986-35295
recordtype	oai_dc
spelling	okr-10986-352952021-04-23T14:02:19Z Market Study for the Philippines : Plastics Circularity Opportunities and Barriers World Bank Group MARINE POLLUTION PLASTICS WASTE SOLID WASTE MANAGEMENT RECYCLING CIRCULAR ECONOMY OCEAN POLLUTION ENVIRONMENTAL PROTECTION BLUE ECONOMY NATURAL RESOURCES MANAGEMENT Mismanaged plastic waste has growing economic and environmental consequences. USD 80-120 billion worth of plastic packaging is lost from the global economy each year due to lack of recycling and suboptimal value creation where recycling exists. Globally, 4.8 to 12.7 million tonnes of plastic leak into our oceans each year with Asia contributing to over 80 percent of this marine leakage. The Philippines is the third largest contributor with an estimated 0.75 million metric tons of mismanaged plastic entering the ocean every year. This has led to an increased awareness towards plastic waste management, bringing the topic of plastic pollution to the forefront of consumer consciousness in the Philippines. To address the challenge of plastic waste management, the Philippines is currently developing new strategies. The National Plan of Action on Marine Litter, under development by the Department of Environment and Natural Resources (DENR) with support of UNDP Philippines, is currently being finalized. The plan recognizes the need for more concerted and unified efforts from various stakeholders to tackle the problem of marine litter. The National Economic and Development Authority (NEDA) published The Philippine Development Plan (PDP) 2017-2022 targeting a national waste diversion rate of 80 percent by 2022. This will be primarily achieved through the enforcement of the Ecological Solid Waste Management Act RA9003—an integrated solid waste management plan based on the 3Rs (reduce, reuse and recycle). Furthermore, in 2019, NEDA published the Philippine Action Plan for Sustainable Consumption and Production (PAP4SCP) to improve waste management and plastic circularity. This study addresses the critical need for a private sector focused market assessment of plastics recycling in the Philippines. Reuse, refill and new delivery model aspects of a circular economy for plastics are evaluated, but the primary focus of the study is plastic recycling, where scalable private sector investment solutions are greatest. 2021-03-18T19:29:53Z 2021-03-18T19:29:53Z 2021-03-22 Report http://documents.worldbank.org/curated/en/183811616083609678/Market-Study-for-the-Philippines-Plastics-Circularity-Opportunities-and-Barriers http://hdl.handle.net/10986/35295 East Asia and Pacific Region Marine Plastics Series; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Environmental Study East Asia and Pacific Philippines
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	MARINE POLLUTION PLASTICS WASTE SOLID WASTE MANAGEMENT RECYCLING CIRCULAR ECONOMY OCEAN POLLUTION ENVIRONMENTAL PROTECTION BLUE ECONOMY NATURAL RESOURCES MANAGEMENT
spellingShingle	MARINE POLLUTION PLASTICS WASTE SOLID WASTE MANAGEMENT RECYCLING CIRCULAR ECONOMY OCEAN POLLUTION ENVIRONMENTAL PROTECTION BLUE ECONOMY NATURAL RESOURCES MANAGEMENT World Bank Group Market Study for the Philippines : Plastics Circularity Opportunities and Barriers
geographic_facet	East Asia and Pacific Philippines
relation	East Asia and Pacific Region Marine Plastics Series;
description	Mismanaged plastic waste has growing economic and environmental consequences. USD 80-120 billion worth of plastic packaging is lost from the global economy each year due to lack of recycling and suboptimal value creation where recycling exists. Globally, 4.8 to 12.7 million tonnes of plastic leak into our oceans each year with Asia contributing to over 80 percent of this marine leakage. The Philippines is the third largest contributor with an estimated 0.75 million metric tons of mismanaged plastic entering the ocean every year. This has led to an increased awareness towards plastic waste management, bringing the topic of plastic pollution to the forefront of consumer consciousness in the Philippines. To address the challenge of plastic waste management, the Philippines is currently developing new strategies. The National Plan of Action on Marine Litter, under development by the Department of Environment and Natural Resources (DENR) with support of UNDP Philippines, is currently being finalized. The plan recognizes the need for more concerted and unified efforts from various stakeholders to tackle the problem of marine litter. The National Economic and Development Authority (NEDA) published The Philippine Development Plan (PDP) 2017-2022 targeting a national waste diversion rate of 80 percent by 2022. This will be primarily achieved through the enforcement of the Ecological Solid Waste Management Act RA9003—an integrated solid waste management plan based on the 3Rs (reduce, reuse and recycle). Furthermore, in 2019, NEDA published the Philippine Action Plan for Sustainable Consumption and Production (PAP4SCP) to improve waste management and plastic circularity. This study addresses the critical need for a private sector focused market assessment of plastics recycling in the Philippines. Reuse, refill and new delivery model aspects of a circular economy for plastics are evaluated, but the primary focus of the study is plastic recycling, where scalable private sector investment solutions are greatest.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Market Study for the Philippines : Plastics Circularity Opportunities and Barriers
title_short	Market Study for the Philippines : Plastics Circularity Opportunities and Barriers
title_full	Market Study for the Philippines : Plastics Circularity Opportunities and Barriers
title_fullStr	Market Study for the Philippines : Plastics Circularity Opportunities and Barriers
title_full_unstemmed	Market Study for the Philippines : Plastics Circularity Opportunities and Barriers
title_sort	market study for the philippines : plastics circularity opportunities and barriers
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/en/183811616083609678/Market-Study-for-the-Philippines-Plastics-Circularity-Opportunities-and-Barriers http://hdl.handle.net/10986/35295
_version_	1764482734717140992

Market Study for the Philippines : Plastics Circularity Opportunities and Barriers

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