New Zealand signs international declaration to cut plastic waste

Date:  29 October 2018

New Zealand has today signed an international declaration to cut plastic waste from our economy and environment.

The New Plastics Economy Global Commitment focuses on addressing the root causes of plastic waste and pollution by looking at the whole system of how plastic is imported, produced and used. It is a commitment to a ‘circular economy’ approach to plastics, where ultimately plastics never becomes waste.

So far 250 organisations have signed the global declaration – including many of the world’s largest packaging producers, brands, retailers and recyclers. More than 15 financial institutions with in excess of $2.5 trillion in assets under management have also endorsed the global commitment and over $200 million has been pledged by five venture capital funds to create a circular economy for plastic.

The New Plastics Economy Global Commitment is an initiative led by the Ellen MacArthur Foundation and UN Environment.

 

Read the media release from Minister Sage on the Beehive website

See our web pages:

What the Government is doing to help New Zealand transition to a circular economy and design out waste 

What you can do to reduce, reuse and recycle