NEWS
Study sets out shift to circular plastics system in Norway
A new study by Systemiq has set out a roadmap to accelerate the transition to a circular plastics system in Norway by 2040. The Achieving Circularity study outlines the current consumption of plastic in seven major sectors; packaging, household goods, construction, textiles, electronics and electricals, automotive, and fishing and aquaculture, which com- bined cover 80% of plastic consumption in Norway. The report found only
22% of plastic across the seven sectors is reused or recycled and 70% of plastic is incinerated, which represents 7% of Norway’s GHG emissions. The adoption of measures in the plastics value chain can increase circularity to 70% by 2040. It also states that the cost is not prohibitive, requiring an annual addi- tional investment of NOK 570m for 20 years, and the transformation could create 1,300 additional jobs compared to 2020. Yoni Shiran, Partner and
Plastics Lead at Systemiq, said: “This study offers evidence-based recommen- dations on priority areas for a highly developed country’s plastic system. This transition requires an ambitious combination of both upstream and downstream solutions, and will require leadership and collaboration across industry, public sector, investors, and civil society.” However, the study also
www.plasticsrecyclingworld.com
says that achieving this transition will require ambitious policies, innova- tion, capital investment, cross-value-chain collabora- tion, consumer engagement and labour force reskilling. �
www.systemiq.earth
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