Arowana Impact Capital



Cambodia's Response on Plastic Pollution

“The problem of marine plastic pollution is closely linked to the surge in plastic production and use. The worldwide total volume of plastic production has reached 8.3 billion metric tons.”  The Asia Times

Thirty years ago, people used bamboo baskets to carry fruits and vegetable in their local market in Cambodia. Nowadays, these have been replaced by plastic bags. The convenience, affordability and durability of the material has transformed how people live and how businesses operate. However, it has contributed 20 percent of the total volume of municipal waste in Phnom Penh per day. The Royal Government of Cambodia has been implementing measures to tackle this problem. Japan along with UNDP is currently supporting these to minimize plastic waste pollution in the country.

To read this Asia Times article, head here

According to a recent report from the World Meteorological Organization, there is a high risk that global temperatures could exceed the crucial 1.5-degree target above pre-industrial levels within the next five years. Across the planet, any additional rise in temperature will intensify climate disasters, causing larger typhoons, bigger floods, rising sea levels, more severe droughts, and increasing forest fires, as we are already observing. Asia Times 

2020 has highlighted the magnitude of impact that events such as forest fires and the Covid-19 pandemic can have on humanity globally. Could this be the catalyst that spurs further growth in circular economy?

To read more  on this Asia Times article, head here

Arowana Impact Capital