Summary
Launched in October 2018 by the Ellen MacArthur Foundation and the UN Environment Programme, the New Plastics Economy Global Commitment unites businesses, governments, and other organizations from around the world behind a common vision of a circular economy for plastic, in which it never becomes waste or pollution. The Global Commitment brings together over 500 signatories that are determined to start building a circular economy for plastics. Signatories to the Global Commitment, which together account for more than 20% of the plastic packaging market, have set ambitious 2025 targets to help realise that common vision. This fourth annual progress report looks at how the signatories are faring against these targets.