On 16 January 2018, the European Commission adopted the EU strategy on plastics which should be part of the transition towards a more circular economy. Main goal is to protect the environment from plastic pollution whilst fostering growth and innovation, turning a challenge into a positive agenda for the Future of Europe.
There is a strong business case for transforming the way products are designed, produced, used, and recycled in the EU and by taking the lead in this transition, there will be new investment opportunities and jobs.
Under the new plans, all plastic packaging on the EU market will be recyclable by 2030, the consumption of single-use plastics will be reduced and the intentional use of microplastics will be restricted.
Under the new strategy, the European Union will:
Horizon 2020 has provided more than €250 million to finance R&D in areas of direct relevance for the strategy. Until 2020, an additional €100 million will be devoted to financing priority actions under this strategy, including on the development of smarter and more recyclable plastics materials, more efficient recycling processes and the removal of hazardous substances and contaminants from recycled plastics.
More info here about the strategy.
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