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Since the 1950s, humans have produced about 8.3 billion metric tons of plastic. Every year, 8 million metric tons end up in the ocean. Globally, only 9% of plastics are recycled.

Plastics are useful. They’re used to help make lifesaving medical supplies, lightweight, fuel-efficient car parts, and insulation for our homes. But nearly half of all plastic produced goes towards single-use items such as bags, straws, utensils and takeout containers. As the waste piles up, there’s a growing demand for alternatives.

There’s a number of companies trying to develop cost-efficient and eco-friendly substitutes, from mushroom packaging to advanced fibers and plastic-free online shopping. But it may take serious legislative efforts to incentive adoption and slow the rise of the industry overall…

Click here to watch the video from CNBC

The post CNBC: These are the companies trying to solve the world’s plastic waste problem appeared first on AMDR.