Guadian marine plastic pollution

Marine plastic pollution costs the world up to $2.5tn a year

Original Publication: The Guardian
Publication Date: April 4, 2019

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Plastic pollution in the world’s oceans costs society billions of dollars every year in damaged and lost resources, research has found.

Fisheries, aquaculture, recreational activities and global wellbeing are all negatively affected by plastic pollution, with an estimated 1-5% decline in the benefit humans derive from oceans. The resulting cost in such benefits, known as marine ecosystem value, is up to $2.5tn (£1.9tn) a year, according to a study published this week in Marine Pollution Bulletin.

Plastic waste is also believed to cost up to $33,000 per ton in reduced environmental value, the study found. An estimated 8m tons of plastic pollution enter the world’s oceans every year.

Dr Nicola Beaumont, an environmental economist at Plymouth Marine Laboratory, who led the study, said the investigation was the first of its kind to explore the social and economic impact of plastics in the sea.