Around 8 million tons of plastic waste is dumped in the ocean annually. That equates to emptying a garbage truck of plastic into the sea every minute , most of it single-use products, such as plastic bags, candy wrappers, sachets and soda bottles.

This mismanagement not only pollutes oceans and harms marine wildlife, but also makes life harder for locals, whether they are residents of neighborhoods that regularly flood (owing to drains clogged with plastic), workers at coastal resorts that cater to tourists or fishermen facing dwindling fish stocks. The economic implications are startling. Marine debris cost the 21 Asia-Pacific Economic Cooperation member economies around $1.3 billion in 2008, and that number is only going up as the problem gets worse.

We’re encouraged that the world is waking up to the crisis of plastic waste in our ocean, and working together to resolve it. News outlets around the world highlighted the shocking video earlier this month of the British diver swimming through plastic waste off the coast of Bali. The recent World Ocean Summit, held in Mexico earlier this month, focused extensively on plastic waste. The sixth International Marine Debris conference convened last week in San Diego and highlighted new and emerging science that will help us tackle this growing problem. Earlier this year, Evian, Coca-Cola and other businesses announced efforts to address packaging waste and improve recyclability of their products.