Marine litter is recognized as imposing a range of costs on marine economies and environments as we target UN Sustainable Development Goals (SDGs) to 2030. Prevention of these avoidable damage costs can restore eco- nomic benefits and ocean health. In the Asia-Pacific we estimate the annual damage cost from marine litter to the marine economy has risen eightfold since 2008 and in 2015 was US$10.8 billion (bn), translating to $18.3bn globally ($21.3bn in 2020).
The cost of marine litter damage to the global marine economy: Insights from the Asia-Pacific into prevention and the cost of inaction
Year: 2021