European Elections / Plastics and EU 1 Where the EU decides to allocate public investments can either fuel the plastic crisis and perpetuate the problem or contribute to solving it. [...] Let’s explore how this can work! Finance tools to curb plastic pollution EU subsidies and investment must prioritise the health of the environment and future generations to come. [...] In order to effectively combat the effects of plastic pollution and reduce the rate of plastic production, public funding must move from upholding a linear economy and waste management infrastructures towards promoting a reduction in resource use, reuse systems and a sharing economy. [...] European Elections / Plastics and EU 3 While the European Investment Bank recommends loans to companies and municipalities and supports research, development, and innovation activities to address plastic waste pollution, this most often focuses on cleaning up plastic pollution, rather than focusing on preventing it in the first place. [...] The EU’s future public finance should prioritise the benefits and needs of people and the planet over the profits of a few.
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