Business group urges Asean-level effort to curb plastic waste
ASEAN governments were urged on Wednesday (July 29) to develop the circular economy - with a focus on plastic waste - to drive sustainable growth in the long term.
Waste collection, separation and reuse systems were among the practices proposed by the EU-Asean Business Council, which advocates for European businesses in South-east Asia.
The council also called on countries to formalise the waste management sector, as well as to set regional standards for recycling labels across Asean.
On a regional level, the Asean Secretariat could lead research into sustainable polymers and packaging and negotiate a regional framework agreement on plastic pollution, it added.
These recommendations were put forward to address a reported lack of systems for the collection, sorting and profitable reprocessing of plastic waste into new products.
Waste management in South-east Asia involves "significant participation" from the informal sector, which governments will need to integrate into the economy by focusing on capacity-building and skills, according to the industry group's position paper.
"The private sector welcomes policies which aim to minimise compliance costs and incentivise new innovation and sustainable practices," the EU-Asean Business Council said.
"Innovation and new technology are key to transition the throwaway culture to one... where resource conservation and effective waste disposal are top priorities."
A circular approach to plastic waste in Asean could lower production costs, create jobs, and boost trade and investment with like-minded partners such as the European Union and South Korea, the EU-Asean Business Council suggested in a statement.
Council chairman Donald Kanak added that a circular economy approach "will be vital in addressing the environmental complications stemming from climate change and the increasing amounts of waste produced by Asean's fast-expanding economies and populations".
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing
URA to review guidelines on floor space to give developers more design flexibility: Chee Hong Tat
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Can a first-time homebuyer couple earning S$18,000 a month afford a new EC unit?