We live in the plastic age, producing over 300 million tons of plastic every year globally. Plastic is a fundamental commodity in the global economy, but with low rates of reduction, reuse and recycling. A circular economy (CE) stands as a viable solution to the increasing global demand for plastic and other resources, and their worldwide impact on climate change and the environment. The purpose of this study is to shed light on possible solutions for reducing plastic usage in our daily lives under a circular economy paradigm by reduction, reuse and recycling in the public and private sectors, and the role of government in promoting circular economy initiatives. This analysis makes clear the intent and result of circular economy policies. Their goal is to enable a transition to a circular economy to avoid waste and reduce plastic, while maintaining their value in the economy.
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