Each year, the world recycles only around 13% of its two billion-plus tons of municipal waste. By 2050, the world’s annual municipal waste will reach 3.88B…
Each year, the world recycles only around 13% of its two billion-plus tons of municipal waste. By 2050, the world’s annual municipal waste will reach 3.88B tons. But the global recycling industry is far from efficient. Annually, as much as $120B of potentially recoverable plastic—let alone paper or metals—ends up in landfills rather than within new products made with recycled materials.