Oceans will contain more plastic than fish by 2050

According to a new report from the World Economic Forum and the Ellen MacArthur Foundation, if we continue our ways, the world’s oceans will soon be home to more plastic than fish.
“The best research currently available estimates that there are over 150 million tonnes of plastics in the ocean today,” the report reads.
“In a business-as-usual scenario, the ocean is expected to contain one tonne of plastic for every three tonnes of fish by 2025, and by 2050, more plastics than fish, by weight.”
In other words, in just 34 years, plastic trash in the ocean will outweigh all the fish in the sea.
According to Huffington Post, the study describes plastics as the “ubiquitous workhorse material of the modern economy” and finds that after a short first-use cycle, 95 per cent of plastic packaging material value, or $80 billion to $120 billion annually, is lost to the economy.
At least eight million tonnes of plastics, equivalent to one garbage truck every minute leak into the ocean each year, according to the World Economic Forum.
The 36-page report, “The New Plastics Economy: Rethinking the future of plastics,” also offers hope.
By redesigning materials and developing new technologies, the research shows it is possible to eradicate plastic waste.
Achieving such systemic change, the Ellen MacArthur Foundation said in a statement, will “require major collaboration,” including from consumer goods companies, plastics manufacturers, businesses involved in collection and recycling and policymakers.
“This report demonstrates the importance of triggering a revolution in the plastics industrial ecosystem,” Dominic Waughray of the World Economic Forum said in a statement, “and is a first step to showing how to transform the way plastics move through our economy.”
Today, only 14 per cent of plastic packaging is collected for recycling, according to the World Economic Forum. In comparison, the global recycling rate for paper is 58 per cent, while that of iron and steel is 70 per cent to 90 per cent.