Southeast Asian countries lose up to $ 6 billion a year as most of their disposable plastics are thrown away instead of being recycled and recycled, the World Bank said in a news release. STUDY.
More than 75% of recyclable plastics in Malaysia, Thailand and the Philippines are left in the litter, representing a “significant untapped business opportunity” in the county economy, according to a report released Tuesday.
Thailand, which has the largest petrochemical sector in Southeast Asia, recycles the smallest portion of its plastic waste by less than 18%. While Thailand has shown growing interest and investment in recycling facilities, few of them are related to the country’s resin manufacturing businesses, the study showed.
In Malaysia and the Philippines, leading brands in the fast-moving packaging and consumer goods industry are opting for more recycled content in their products. However, the most recyclable suppliers are small and medium enterprises that often do not have the scale, management systems or technologies to meet demand.
“These studies show that there is an untapped opportunity to reap environmental and economic benefits with clear and complementary interventions from the private and public sectors,” said Ndiamé Diop, World Bank Country Director for Brunei, Malaysia, the Philippines and Thailand.
Setting recycled content targets, mandating “recycling design” standards, and setting waste collection requirements for industry could unlock additional material value for Southeast Asia, the bank said. Governments should also consider increasing sorting efficiency, limiting the disposal of plastic waste in landfills, and phasing out non-essential plastic items.
Building a business model for plastic recycling will help divert waste from landfills, reducing the risk of it leaking into waterways, the World Bank said.
Up to 13 million tonnes of plastic waste enter the world’s oceans each year, with Asia responsible for more than 80% of it. Philippines AND Thailand are the third and sixth worst polluters in the world, respectively, according to World Bank data.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]