It’s estimated that by 2050 there will be more plastic than fish in the world’s oceans if proactive steps throughout the plastics supply chain are not taken. Each year, 8 to 12 million tonnes of plastics enter the marine environment. One important way to reduce plastics from littering our planet is by substantially increasing the use of recycled plastics.
With only about 9 percent of today’s plastic waste recycled, transitioning to a circular economy throughout the entire plastics value change is critical. This is the vision of the Circular Plastics Alliance (CPA), founded in 2019 in the Netherlands and supported by the European Commission. The overarching aim of the alliance is to boost the EU market for recycled plastics to 10 million tonnes by 2025.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.
