SINGAPORE -- Public anger over the environmental damage caused by plastic waste is finally forcing consumer goods companies to take action, according to Rob Kaplan, whose Singapore-based Circulate Capital Ocean Fund has raised $106 million to invest in solutions to the issue.
Around 8 million tonnes of plastic enters the world's oceans every year, 60% of which comes from Asia, where rapid economic growth and consumption has outpaced countries' capacity to collect and manage waste.
