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Middle East

The trend for 2021 has been upwards. Many corporations which have made commitments to using a percentage of recycled content by 2025 are now putting the necessary processes and feedstock in place. Pricing and demand are both likely to remain strong throughout the remainder of this year.

At present, the Gulf Cooperation Council generates roughly 20 million tons of plastic waste every year. Efforts are being made to increase recycling rates to 40%, which would not only cut CO2 emissions but also create commercial opportunities and jobs. By continuing the push for greater reuse and recycling, the Gulf Cooperation Council can help contribute to global sustainability and innovation.

In recent years, it has become clear that plastic pollution is not just an aesthetic issue but a real threat to the planet which we can no longer afford to ignore. Nations around the globe are slowly but surely moving towards a more circular economy, which involves the elimination of waste and the safe utilization of natural resources. Several Middle Eastern nations are advancing towards a waste-free future, in the footsteps of the world’s leaders in circular economics.

Circularity is beneficial for the economy. Besides reducing the pressure on the environment, it fosters growth in employment because labour is cherished more than raw materials. More jobs are created for labour-intensive recycling operations and high-quality repairs. Measures such as waste prevention and reuse can help save a great deal of money while also reducing greenhouse gas emissions.

Finally but very importantly, circular economies bring forward innovative solutions to tackling waste and pollution in their efforts to optimize the entire system. Technology supports and boosts the transition to a more circular economy, which is introduced via innovative businesses.
Everyone needs to mobilize in the fight against plastic pollution and in addressing the underlying drivers of environmental degradation. The greater common involvement and responsibility in co-operation can change today’s world.