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The passage given below contains words and a sentence that has been highlighted. There are questions given following the passage which need to be solved after a careful reading. Read the same and answer the questions that follow:The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. Annually, we produce around 359 million tonnes of plastic with the global market being valued at USD 568.9 billion in 2019, and projected to reach almost USD 1 trillion by 2035. Of this volume, 49.3 per cent is produced in the Asia-Pacific region. It is also where 38 per cent of all plastic is consumed. Eight million tonnes of this plastic will end up in the world’s oceans every year, most of which is fed from rivers, which serve as direct conduits of trash from some of the world’s fastest growing cities into the marine environment. Our relationship with plastic is short term focused. The plastic produced is designed to be single use. We use it once and then discard it. We like to think this is being recycled but only 9 per cent of all plastic waste ever produced has been recycled. About 12 per cent has been incinerated, while 79 per cent has accumulated in landfills, dumps or the natural environment as plastic waste, clogging our drains, endangering marine life and causing health concerns to local people.There are also massive economic costs associated with marine plastic pollution. Conservative estimates publication in March 2020 place the direct damage by the blue economy in the ASEAN region at USD 2.1 billion per year. Notably, this only covers the direct costs to three industries: shipping, fisheries and aquaculture, and marine tourism. Boats can get tangled up in abandoned or discarded fishing nets, or they might find their engines clogged up with bits of plastic junk. Whilst, “Ghost fishing” by derelict fishing gear results in reduced catch sizes. Tourists are also less likely to visit polluted beaches and seas – after all, who wants to dive near damaged coral reefs? This USD 2.1 billion per year figure is expected to rise significantly under a “business-as-usual” scenario, as plastics production is projected to triple between 2020 and 2050. These economic costs also leave tremendous social costs in their wake. In addition to being intimately tied to the fishing and tourism industries for their livelihoods, residents of coastal communities suffer from the damaging health effects of plastic pollution and rubbish brought in by the tides. It is essential that we start developing solutions to prevent our oceans from becoming more polluted by plastics and other debris, and beyond that, to actually clean up our oceans.Solving the marine plastics pollution problem can – and must – be approached from multiple angles. The first step is identifying plastic products that can be substituted with non-plastic, recycled or biodegradable materials. By (A) throughout with product designers, we can find alternatives to single-use plastics and design re-useable products. Countries need to adopt circular and (B) incentives economic principles (C) engaging the plastics value chain to achieve this. Plastics are cheap because they are (D) produced with oil which is heavily subsidized and can be cheaper to produce, with less economic (E) sustainable to use recycled plastics. We need price structures that internalize the negative externalities of plastic use and encourage the use of alternative materials or reused and recycled plastics.Creating the tools and technology to help governments and organizations measure and monitor plastic waste within their cities. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Closing the Loop project is helping cities create smarter policy strategies to combat the problem. In 2018, ESCAP banned single use plastics in all catering operations. All single use items were replaced with reusable items, or more sustainable single-use options and charged at an extra fee to promote behavioral change among staff and visitors. This initiative is expected to prevent nearly nine tons of waste annually by rethinking our way of working. Extended responsibility can be applied in the retail (packaging) sector, where producers are responsible for the collection and recycling of products that they release into the market. Clean-up events on beaches and rivers, and awareness-raising initiatives to inform the public about how their actions contribute to marine plastics pollution (or to its solution), along with bans and levies on disposable plastic bags. Government ministries at the national and local levels, need to work in developing, implementing, and overseeing policies, which also involves industrial manufacturers, NGOs, and volunteer organizations. All these stakeholders need to act coherently and in synergy with one another instead of in silos. Not only do they need the will, but also the resources and funds to do so.The Organization for Economic Co-operation and Development (OECD), in partnership with ESCAP, the Indonesian Coordinating Ministry of Maritime and Investments Affairs, Coordinating Body on the Seas of East Asia (COBSEA), and the ASEAN Secretariat, discussed these issues at the recent OECD Regional Policy Dialogue forum on the 15th and 16th of December. OECD and ESCAP are working together to provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutions to these challenges. Events such as the OECD Regional Policy Dialogue forum, allow regional actors to exchange information and to develop co-operative efforts to address marine plastics pollution. Together, we can lay the groundwork for solutions that will restore cleaner, plastic-free seas in Southeast Asia.What have the OECD and ESCAP started working on together?a)To exchange information and to develop co-operative efforts to address marine plastics pollutionb)Developing solutions to prevent our oceans from becoming more polluted by plastics and other debrisc)To provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutionsd)To address the massive economic costs associated with marine plastic pollutione)None of the aboveCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The passage given below contains words and a sentence that has been highlighted. There are questions given following the passage which need to be solved after a careful reading. Read the same and answer the questions that follow:The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. Annually, we produce around 359 million tonnes of plastic with the global market being valued at USD 568.9 billion in 2019, and projected to reach almost USD 1 trillion by 2035. Of this volume, 49.3 per cent is produced in the Asia-Pacific region. It is also where 38 per cent of all plastic is consumed. Eight million tonnes of this plastic will end up in the world’s oceans every year, most of which is fed from rivers, which serve as direct conduits of trash from some of the world’s fastest growing cities into the marine environment. Our relationship with plastic is short term focused. The plastic produced is designed to be single use. We use it once and then discard it. We like to think this is being recycled but only 9 per cent of all plastic waste ever produced has been recycled. About 12 per cent has been incinerated, while 79 per cent has accumulated in landfills, dumps or the natural environment as plastic waste, clogging our drains, endangering marine life and causing health concerns to local people.There are also massive economic costs associated with marine plastic pollution. Conservative estimates publication in March 2020 place the direct damage by the blue economy in the ASEAN region at USD 2.1 billion per year. Notably, this only covers the direct costs to three industries: shipping, fisheries and aquaculture, and marine tourism. Boats can get tangled up in abandoned or discarded fishing nets, or they might find their engines clogged up with bits of plastic junk. Whilst, “Ghost fishing” by derelict fishing gear results in reduced catch sizes. Tourists are also less likely to visit polluted beaches and seas – after all, who wants to dive near damaged coral reefs? This USD 2.1 billion per year figure is expected to rise significantly under a “business-as-usual” scenario, as plastics production is projected to triple between 2020 and 2050. These economic costs also leave tremendous social costs in their wake. In addition to being intimately tied to the fishing and tourism industries for their livelihoods, residents of coastal communities suffer from the damaging health effects of plastic pollution and rubbish brought in by the tides. It is essential that we start developing solutions to prevent our oceans from becoming more polluted by plastics and other debris, and beyond that, to actually clean up our oceans.Solving the marine plastics pollution problem can – and must – be approached from multiple angles. The first step is identifying plastic products that can be substituted with non-plastic, recycled or biodegradable materials. By (A) throughout with product designers, we can find alternatives to single-use plastics and design re-useable products. Countries need to adopt circular and (B) incentives economic principles (C) engaging the plastics value chain to achieve this. Plastics are cheap because they are (D) produced with oil which is heavily subsidized and can be cheaper to produce, with less economic (E) sustainable to use recycled plastics. We need price structures that internalize the negative externalities of plastic use and encourage the use of alternative materials or reused and recycled plastics.Creating the tools and technology to help governments and organizations measure and monitor plastic waste within their cities. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Closing the Loop project is helping cities create smarter policy strategies to combat the problem. In 2018, ESCAP banned single use plastics in all catering operations. All single use items were replaced with reusable items, or more sustainable single-use options and charged at an extra fee to promote behavioral change among staff and visitors. This initiative is expected to prevent nearly nine tons of waste annually by rethinking our way of working. Extended responsibility can be applied in the retail (packaging) sector, where producers are responsible for the collection and recycling of products that they release into the market. Clean-up events on beaches and rivers, and awareness-raising initiatives to inform the public about how their actions contribute to marine plastics pollution (or to its solution), along with bans and levies on disposable plastic bags. Government ministries at the national and local levels, need to work in developing, implementing, and overseeing policies, which also involves industrial manufacturers, NGOs, and volunteer organizations. All these stakeholders need to act coherently and in synergy with one another instead of in silos. Not only do they need the will, but also the resources and funds to do so.The Organization for Economic Co-operation and Development (OECD), in partnership with ESCAP, the Indonesian Coordinating Ministry of Maritime and Investments Affairs, Coordinating Body on the Seas of East Asia (COBSEA), and the ASEAN Secretariat, discussed these issues at the recent OECD Regional Policy Dialogue forum on the 15th and 16th of December. OECD and ESCAP are working together to provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutions to these challenges. Events such as the OECD Regional Policy Dialogue forum, allow regional actors to exchange information and to develop co-operative efforts to address marine plastics pollution. Together, we can lay the groundwork for solutions that will restore cleaner, plastic-free seas in Southeast Asia.What have the OECD and ESCAP started working on together?a)To exchange information and to develop co-operative efforts to address marine plastics pollutionb)Developing solutions to prevent our oceans from becoming more polluted by plastics and other debrisc)To provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutionsd)To address the massive economic costs associated with marine plastic pollutione)None of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The passage given below contains words and a sentence that has been highlighted. There are questions given following the passage which need to be solved after a careful reading. Read the same and answer the questions that follow:The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. Annually, we produce around 359 million tonnes of plastic with the global market being valued at USD 568.9 billion in 2019, and projected to reach almost USD 1 trillion by 2035. Of this volume, 49.3 per cent is produced in the Asia-Pacific region. It is also where 38 per cent of all plastic is consumed. Eight million tonnes of this plastic will end up in the world’s oceans every year, most of which is fed from rivers, which serve as direct conduits of trash from some of the world’s fastest growing cities into the marine environment. Our relationship with plastic is short term focused. The plastic produced is designed to be single use. We use it once and then discard it. We like to think this is being recycled but only 9 per cent of all plastic waste ever produced has been recycled. About 12 per cent has been incinerated, while 79 per cent has accumulated in landfills, dumps or the natural environment as plastic waste, clogging our drains, endangering marine life and causing health concerns to local people.There are also massive economic costs associated with marine plastic pollution. Conservative estimates publication in March 2020 place the direct damage by the blue economy in the ASEAN region at USD 2.1 billion per year. Notably, this only covers the direct costs to three industries: shipping, fisheries and aquaculture, and marine tourism. Boats can get tangled up in abandoned or discarded fishing nets, or they might find their engines clogged up with bits of plastic junk. Whilst, “Ghost fishing” by derelict fishing gear results in reduced catch sizes. Tourists are also less likely to visit polluted beaches and seas – after all, who wants to dive near damaged coral reefs? This USD 2.1 billion per year figure is expected to rise significantly under a “business-as-usual” scenario, as plastics production is projected to triple between 2020 and 2050. These economic costs also leave tremendous social costs in their wake. In addition to being intimately tied to the fishing and tourism industries for their livelihoods, residents of coastal communities suffer from the damaging health effects of plastic pollution and rubbish brought in by the tides. It is essential that we start developing solutions to prevent our oceans from becoming more polluted by plastics and other debris, and beyond that, to actually clean up our oceans.Solving the marine plastics pollution problem can – and must – be approached from multiple angles. The first step is identifying plastic products that can be substituted with non-plastic, recycled or biodegradable materials. By (A) throughout with product designers, we can find alternatives to single-use plastics and design re-useable products. Countries need to adopt circular and (B) incentives economic principles (C) engaging the plastics value chain to achieve this. Plastics are cheap because they are (D) produced with oil which is heavily subsidized and can be cheaper to produce, with less economic (E) sustainable to use recycled plastics. We need price structures that internalize the negative externalities of plastic use and encourage the use of alternative materials or reused and recycled plastics.Creating the tools and technology to help governments and organizations measure and monitor plastic waste within their cities. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Closing the Loop project is helping cities create smarter policy strategies to combat the problem. In 2018, ESCAP banned single use plastics in all catering operations. All single use items were replaced with reusable items, or more sustainable single-use options and charged at an extra fee to promote behavioral change among staff and visitors. This initiative is expected to prevent nearly nine tons of waste annually by rethinking our way of working. Extended responsibility can be applied in the retail (packaging) sector, where producers are responsible for the collection and recycling of products that they release into the market. Clean-up events on beaches and rivers, and awareness-raising initiatives to inform the public about how their actions contribute to marine plastics pollution (or to its solution), along with bans and levies on disposable plastic bags. Government ministries at the national and local levels, need to work in developing, implementing, and overseeing policies, which also involves industrial manufacturers, NGOs, and volunteer organizations. All these stakeholders need to act coherently and in synergy with one another instead of in silos. Not only do they need the will, but also the resources and funds to do so.The Organization for Economic Co-operation and Development (OECD), in partnership with ESCAP, the Indonesian Coordinating Ministry of Maritime and Investments Affairs, Coordinating Body on the Seas of East Asia (COBSEA), and the ASEAN Secretariat, discussed these issues at the recent OECD Regional Policy Dialogue forum on the 15th and 16th of December. OECD and ESCAP are working together to provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutions to these challenges. Events such as the OECD Regional Policy Dialogue forum, allow regional actors to exchange information and to develop co-operative efforts to address marine plastics pollution. Together, we can lay the groundwork for solutions that will restore cleaner, plastic-free seas in Southeast Asia.What have the OECD and ESCAP started working on together?a)To exchange information and to develop co-operative efforts to address marine plastics pollutionb)Developing solutions to prevent our oceans from becoming more polluted by plastics and other debrisc)To provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutionsd)To address the massive economic costs associated with marine plastic pollutione)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.

Solutions for The passage given below contains words and a sentence that has been highlighted. There are questions given following the passage which need to be solved after a careful reading. Read the same and answer the questions that follow:The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. Annually, we produce around 359 million tonnes of plastic with the global market being valued at USD 568.9 billion in 2019, and projected to reach almost USD 1 trillion by 2035. Of this volume, 49.3 per cent is produced in the Asia-Pacific region. It is also where 38 per cent of all plastic is consumed. Eight million tonnes of this plastic will end up in the world’s oceans every year, most of which is fed from rivers, which serve as direct conduits of trash from some of the world’s fastest growing cities into the marine environment. Our relationship with plastic is short term focused. The plastic produced is designed to be single use. We use it once and then discard it. We like to think this is being recycled but only 9 per cent of all plastic waste ever produced has been recycled. About 12 per cent has been incinerated, while 79 per cent has accumulated in landfills, dumps or the natural environment as plastic waste, clogging our drains, endangering marine life and causing health concerns to local people.There are also massive economic costs associated with marine plastic pollution. Conservative estimates publication in March 2020 place the direct damage by the blue economy in the ASEAN region at USD 2.1 billion per year. Notably, this only covers the direct costs to three industries: shipping, fisheries and aquaculture, and marine tourism. Boats can get tangled up in abandoned or discarded fishing nets, or they might find their engines clogged up with bits of plastic junk. Whilst, “Ghost fishing” by derelict fishing gear results in reduced catch sizes. Tourists are also less likely to visit polluted beaches and seas – after all, who wants to dive near damaged coral reefs? This USD 2.1 billion per year figure is expected to rise significantly under a “business-as-usual” scenario, as plastics production is projected to triple between 2020 and 2050. These economic costs also leave tremendous social costs in their wake. In addition to being intimately tied to the fishing and tourism industries for their livelihoods, residents of coastal communities suffer from the damaging health effects of plastic pollution and rubbish brought in by the tides. It is essential that we start developing solutions to prevent our oceans from becoming more polluted by plastics and other debris, and beyond that, to actually clean up our oceans.Solving the marine plastics pollution problem can – and must – be approached from multiple angles. The first step is identifying plastic products that can be substituted with non-plastic, recycled or biodegradable materials. By (A) throughout with product designers, we can find alternatives to single-use plastics and design re-useable products. Countries need to adopt circular and (B) incentives economic principles (C) engaging the plastics value chain to achieve this. Plastics are cheap because they are (D) produced with oil which is heavily subsidized and can be cheaper to produce, with less economic (E) sustainable to use recycled plastics. We need price structures that internalize the negative externalities of plastic use and encourage the use of alternative materials or reused and recycled plastics.Creating the tools and technology to help governments and organizations measure and monitor plastic waste within their cities. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Closing the Loop project is helping cities create smarter policy strategies to combat the problem. In 2018, ESCAP banned single use plastics in all catering operations. All single use items were replaced with reusable items, or more sustainable single-use options and charged at an extra fee to promote behavioral change among staff and visitors. This initiative is expected to prevent nearly nine tons of waste annually by rethinking our way of working. Extended responsibility can be applied in the retail (packaging) sector, where producers are responsible for the collection and recycling of products that they release into the market. Clean-up events on beaches and rivers, and awareness-raising initiatives to inform the public about how their actions contribute to marine plastics pollution (or to its solution), along with bans and levies on disposable plastic bags. Government ministries at the national and local levels, need to work in developing, implementing, and overseeing policies, which also involves industrial manufacturers, NGOs, and volunteer organizations. All these stakeholders need to act coherently and in synergy with one another instead of in silos. Not only do they need the will, but also the resources and funds to do so.The Organization for Economic Co-operation and Development (OECD), in partnership with ESCAP, the Indonesian Coordinating Ministry of Maritime and Investments Affairs, Coordinating Body on the Seas of East Asia (COBSEA), and the ASEAN Secretariat, discussed these issues at the recent OECD Regional Policy Dialogue forum on the 15th and 16th of December. OECD and ESCAP are working together to provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutions to these challenges. Events such as the OECD Regional Policy Dialogue forum, allow regional actors to exchange information and to develop co-operative efforts to address marine plastics pollution. Together, we can lay the groundwork for solutions that will restore cleaner, plastic-free seas in Southeast Asia.What have the OECD and ESCAP started working on together?a)To exchange information and to develop co-operative efforts to address marine plastics pollutionb)Developing solutions to prevent our oceans from becoming more polluted by plastics and other debrisc)To provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutionsd)To address the massive economic costs associated with marine plastic pollutione)None of the aboveCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. 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Here you can find the meaning of The passage given below contains words and a sentence that has been highlighted. There are questions given following the passage which need to be solved after a careful reading. Read the same and answer the questions that follow:The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. Annually, we produce around 359 million tonnes of plastic with the global market being valued at USD 568.9 billion in 2019, and projected to reach almost USD 1 trillion by 2035. Of this volume, 49.3 per cent is produced in the Asia-Pacific region. It is also where 38 per cent of all plastic is consumed. Eight million tonnes of this plastic will end up in the world’s oceans every year, most of which is fed from rivers, which serve as direct conduits of trash from some of the world’s fastest growing cities into the marine environment. Our relationship with plastic is short term focused. The plastic produced is designed to be single use. We use it once and then discard it. We like to think this is being recycled but only 9 per cent of all plastic waste ever produced has been recycled. About 12 per cent has been incinerated, while 79 per cent has accumulated in landfills, dumps or the natural environment as plastic waste, clogging our drains, endangering marine life and causing health concerns to local people.There are also massive economic costs associated with marine plastic pollution. Conservative estimates publication in March 2020 place the direct damage by the blue economy in the ASEAN region at USD 2.1 billion per year. Notably, this only covers the direct costs to three industries: shipping, fisheries and aquaculture, and marine tourism. Boats can get tangled up in abandoned or discarded fishing nets, or they might find their engines clogged up with bits of plastic junk. Whilst, “Ghost fishing” by derelict fishing gear results in reduced catch sizes. Tourists are also less likely to visit polluted beaches and seas – after all, who wants to dive near damaged coral reefs? This USD 2.1 billion per year figure is expected to rise significantly under a “business-as-usual” scenario, as plastics production is projected to triple between 2020 and 2050. These economic costs also leave tremendous social costs in their wake. In addition to being intimately tied to the fishing and tourism industries for their livelihoods, residents of coastal communities suffer from the damaging health effects of plastic pollution and rubbish brought in by the tides. It is essential that we start developing solutions to prevent our oceans from becoming more polluted by plastics and other debris, and beyond that, to actually clean up our oceans.Solving the marine plastics pollution problem can – and must – be approached from multiple angles. The first step is identifying plastic products that can be substituted with non-plastic, recycled or biodegradable materials. By (A) throughout with product designers, we can find alternatives to single-use plastics and design re-useable products. Countries need to adopt circular and (B) incentives economic principles (C) engaging the plastics value chain to achieve this. Plastics are cheap because they are (D) produced with oil which is heavily subsidized and can be cheaper to produce, with less economic (E) sustainable to use recycled plastics. We need price structures that internalize the negative externalities of plastic use and encourage the use of alternative materials or reused and recycled plastics.Creating the tools and technology to help governments and organizations measure and monitor plastic waste within their cities. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Closing the Loop project is helping cities create smarter policy strategies to combat the problem. In 2018, ESCAP banned single use plastics in all catering operations. All single use items were replaced with reusable items, or more sustainable single-use options and charged at an extra fee to promote behavioral change among staff and visitors. This initiative is expected to prevent nearly nine tons of waste annually by rethinking our way of working. Extended responsibility can be applied in the retail (packaging) sector, where producers are responsible for the collection and recycling of products that they release into the market. Clean-up events on beaches and rivers, and awareness-raising initiatives to inform the public about how their actions contribute to marine plastics pollution (or to its solution), along with bans and levies on disposable plastic bags. Government ministries at the national and local levels, need to work in developing, implementing, and overseeing policies, which also involves industrial manufacturers, NGOs, and volunteer organizations. All these stakeholders need to act coherently and in synergy with one another instead of in silos. Not only do they need the will, but also the resources and funds to do so.The Organization for Economic Co-operation and Development (OECD), in partnership with ESCAP, the Indonesian Coordinating Ministry of Maritime and Investments Affairs, Coordinating Body on the Seas of East Asia (COBSEA), and the ASEAN Secretariat, discussed these issues at the recent OECD Regional Policy Dialogue forum on the 15th and 16th of December. OECD and ESCAP are working together to provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutions to these challenges. Events such as the OECD Regional Policy Dialogue forum, allow regional actors to exchange information and to develop co-operative efforts to address marine plastics pollution. Together, we can lay the groundwork for solutions that will restore cleaner, plastic-free seas in Southeast Asia.What have the OECD and ESCAP started working on together?a)To exchange information and to develop co-operative efforts to address marine plastics pollutionb)Developing solutions to prevent our oceans from becoming more polluted by plastics and other debrisc)To provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutionsd)To address the massive economic costs associated with marine plastic pollutione)None of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The passage given below contains words and a sentence that has been highlighted. There are questions given following the passage which need to be solved after a careful reading. Read the same and answer the questions that follow:The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. Annually, we produce around 359 million tonnes of plastic with the global market being valued at USD 568.9 billion in 2019, and projected to reach almost USD 1 trillion by 2035. Of this volume, 49.3 per cent is produced in the Asia-Pacific region. It is also where 38 per cent of all plastic is consumed. Eight million tonnes of this plastic will end up in the world’s oceans every year, most of which is fed from rivers, which serve as direct conduits of trash from some of the world’s fastest growing cities into the marine environment. Our relationship with plastic is short term focused. The plastic produced is designed to be single use. We use it once and then discard it. We like to think this is being recycled but only 9 per cent of all plastic waste ever produced has been recycled. About 12 per cent has been incinerated, while 79 per cent has accumulated in landfills, dumps or the natural environment as plastic waste, clogging our drains, endangering marine life and causing health concerns to local people.There are also massive economic costs associated with marine plastic pollution. Conservative estimates publication in March 2020 place the direct damage by the blue economy in the ASEAN region at USD 2.1 billion per year. Notably, this only covers the direct costs to three industries: shipping, fisheries and aquaculture, and marine tourism. Boats can get tangled up in abandoned or discarded fishing nets, or they might find their engines clogged up with bits of plastic junk. Whilst, “Ghost fishing” by derelict fishing gear results in reduced catch sizes. Tourists are also less likely to visit polluted beaches and seas – after all, who wants to dive near damaged coral reefs? This USD 2.1 billion per year figure is expected to rise significantly under a “business-as-usual” scenario, as plastics production is projected to triple between 2020 and 2050. These economic costs also leave tremendous social costs in their wake. In addition to being intimately tied to the fishing and tourism industries for their livelihoods, residents of coastal communities suffer from the damaging health effects of plastic pollution and rubbish brought in by the tides. It is essential that we start developing solutions to prevent our oceans from becoming more polluted by plastics and other debris, and beyond that, to actually clean up our oceans.Solving the marine plastics pollution problem can – and must – be approached from multiple angles. The first step is identifying plastic products that can be substituted with non-plastic, recycled or biodegradable materials. By (A) throughout with product designers, we can find alternatives to single-use plastics and design re-useable products. Countries need to adopt circular and (B) incentives economic principles (C) engaging the plastics value chain to achieve this. Plastics are cheap because they are (D) produced with oil which is heavily subsidized and can be cheaper to produce, with less economic (E) sustainable to use recycled plastics. We need price structures that internalize the negative externalities of plastic use and encourage the use of alternative materials or reused and recycled plastics.Creating the tools and technology to help governments and organizations measure and monitor plastic waste within their cities. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Closing the Loop project is helping cities create smarter policy strategies to combat the problem. In 2018, ESCAP banned single use plastics in all catering operations. All single use items were replaced with reusable items, or more sustainable single-use options and charged at an extra fee to promote behavioral change among staff and visitors. This initiative is expected to prevent nearly nine tons of waste annually by rethinking our way of working. Extended responsibility can be applied in the retail (packaging) sector, where producers are responsible for the collection and recycling of products that they release into the market. Clean-up events on beaches and rivers, and awareness-raising initiatives to inform the public about how their actions contribute to marine plastics pollution (or to its solution), along with bans and levies on disposable plastic bags. Government ministries at the national and local levels, need to work in developing, implementing, and overseeing policies, which also involves industrial manufacturers, NGOs, and volunteer organizations. All these stakeholders need to act coherently and in synergy with one another instead of in silos. Not only do they need the will, but also the resources and funds to do so.The Organization for Economic Co-operation and Development (OECD), in partnership with ESCAP, the Indonesian Coordinating Ministry of Maritime and Investments Affairs, Coordinating Body on the Seas of East Asia (COBSEA), and the ASEAN Secretariat, discussed these issues at the recent OECD Regional Policy Dialogue forum on the 15th and 16th of December. OECD and ESCAP are working together to provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutions to these challenges. Events such as the OECD Regional Policy Dialogue forum, allow regional actors to exchange information and to develop co-operative efforts to address marine plastics pollution. Together, we can lay the groundwork for solutions that will restore cleaner, plastic-free seas in Southeast Asia.What have the OECD and ESCAP started working on together?a)To exchange information and to develop co-operative efforts to address marine plastics pollutionb)Developing solutions to prevent our oceans from becoming more polluted by plastics and other debrisc)To provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutionsd)To address the massive economic costs associated with marine plastic pollutione)None of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for The passage given below contains words and a sentence that has been highlighted. There are questions given following the passage which need to be solved after a careful reading. Read the same and answer the questions that follow:The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. Annually, we produce around 359 million tonnes of plastic with the global market being valued at USD 568.9 billion in 2019, and projected to reach almost USD 1 trillion by 2035. Of this volume, 49.3 per cent is produced in the Asia-Pacific region. It is also where 38 per cent of all plastic is consumed. Eight million tonnes of this plastic will end up in the world’s oceans every year, most of which is fed from rivers, which serve as direct conduits of trash from some of the world’s fastest growing cities into the marine environment. Our relationship with plastic is short term focused. The plastic produced is designed to be single use. We use it once and then discard it. We like to think this is being recycled but only 9 per cent of all plastic waste ever produced has been recycled. About 12 per cent has been incinerated, while 79 per cent has accumulated in landfills, dumps or the natural environment as plastic waste, clogging our drains, endangering marine life and causing health concerns to local people.There are also massive economic costs associated with marine plastic pollution. Conservative estimates publication in March 2020 place the direct damage by the blue economy in the ASEAN region at USD 2.1 billion per year. Notably, this only covers the direct costs to three industries: shipping, fisheries and aquaculture, and marine tourism. Boats can get tangled up in abandoned or discarded fishing nets, or they might find their engines clogged up with bits of plastic junk. Whilst, “Ghost fishing” by derelict fishing gear results in reduced catch sizes. Tourists are also less likely to visit polluted beaches and seas – after all, who wants to dive near damaged coral reefs? This USD 2.1 billion per year figure is expected to rise significantly under a “business-as-usual” scenario, as plastics production is projected to triple between 2020 and 2050. These economic costs also leave tremendous social costs in their wake. In addition to being intimately tied to the fishing and tourism industries for their livelihoods, residents of coastal communities suffer from the damaging health effects of plastic pollution and rubbish brought in by the tides. It is essential that we start developing solutions to prevent our oceans from becoming more polluted by plastics and other debris, and beyond that, to actually clean up our oceans.Solving the marine plastics pollution problem can – and must – be approached from multiple angles. The first step is identifying plastic products that can be substituted with non-plastic, recycled or biodegradable materials. By (A) throughout with product designers, we can find alternatives to single-use plastics and design re-useable products. Countries need to adopt circular and (B) incentives economic principles (C) engaging the plastics value chain to achieve this. Plastics are cheap because they are (D) produced with oil which is heavily subsidized and can be cheaper to produce, with less economic (E) sustainable to use recycled plastics. We need price structures that internalize the negative externalities of plastic use and encourage the use of alternative materials or reused and recycled plastics.Creating the tools and technology to help governments and organizations measure and monitor plastic waste within their cities. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Closing the Loop project is helping cities create smarter policy strategies to combat the problem. In 2018, ESCAP banned single use plastics in all catering operations. All single use items were replaced with reusable items, or more sustainable single-use options and charged at an extra fee to promote behavioral change among staff and visitors. This initiative is expected to prevent nearly nine tons of waste annually by rethinking our way of working. Extended responsibility can be applied in the retail (packaging) sector, where producers are responsible for the collection and recycling of products that they release into the market. Clean-up events on beaches and rivers, and awareness-raising initiatives to inform the public about how their actions contribute to marine plastics pollution (or to its solution), along with bans and levies on disposable plastic bags. Government ministries at the national and local levels, need to work in developing, implementing, and overseeing policies, which also involves industrial manufacturers, NGOs, and volunteer organizations. All these stakeholders need to act coherently and in synergy with one another instead of in silos. Not only do they need the will, but also the resources and funds to do so.The Organization for Economic Co-operation and Development (OECD), in partnership with ESCAP, the Indonesian Coordinating Ministry of Maritime and Investments Affairs, Coordinating Body on the Seas of East Asia (COBSEA), and the ASEAN Secretariat, discussed these issues at the recent OECD Regional Policy Dialogue forum on the 15th and 16th of December. OECD and ESCAP are working together to provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutions to these challenges. Events such as the OECD Regional Policy Dialogue forum, allow regional actors to exchange information and to develop co-operative efforts to address marine plastics pollution. Together, we can lay the groundwork for solutions that will restore cleaner, plastic-free seas in Southeast Asia.What have the OECD and ESCAP started working on together?a)To exchange information and to develop co-operative efforts to address marine plastics pollutionb)Developing solutions to prevent our oceans from becoming more polluted by plastics and other debrisc)To provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutionsd)To address the massive economic costs associated with marine plastic pollutione)None of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of The passage given below contains words and a sentence that has been highlighted. There are questions given following the passage which need to be solved after a careful reading. Read the same and answer the questions that follow:The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. Annually, we produce around 359 million tonnes of plastic with the global market being valued at USD 568.9 billion in 2019, and projected to reach almost USD 1 trillion by 2035. Of this volume, 49.3 per cent is produced in the Asia-Pacific region. It is also where 38 per cent of all plastic is consumed. Eight million tonnes of this plastic will end up in the world’s oceans every year, most of which is fed from rivers, which serve as direct conduits of trash from some of the world’s fastest growing cities into the marine environment. Our relationship with plastic is short term focused. The plastic produced is designed to be single use. We use it once and then discard it. We like to think this is being recycled but only 9 per cent of all plastic waste ever produced has been recycled. About 12 per cent has been incinerated, while 79 per cent has accumulated in landfills, dumps or the natural environment as plastic waste, clogging our drains, endangering marine life and causing health concerns to local people.There are also massive economic costs associated with marine plastic pollution. Conservative estimates publication in March 2020 place the direct damage by the blue economy in the ASEAN region at USD 2.1 billion per year. Notably, this only covers the direct costs to three industries: shipping, fisheries and aquaculture, and marine tourism. Boats can get tangled up in abandoned or discarded fishing nets, or they might find their engines clogged up with bits of plastic junk. Whilst, “Ghost fishing” by derelict fishing gear results in reduced catch sizes. Tourists are also less likely to visit polluted beaches and seas – after all, who wants to dive near damaged coral reefs? This USD 2.1 billion per year figure is expected to rise significantly under a “business-as-usual” scenario, as plastics production is projected to triple between 2020 and 2050. These economic costs also leave tremendous social costs in their wake. In addition to being intimately tied to the fishing and tourism industries for their livelihoods, residents of coastal communities suffer from the damaging health effects of plastic pollution and rubbish brought in by the tides. It is essential that we start developing solutions to prevent our oceans from becoming more polluted by plastics and other debris, and beyond that, to actually clean up our oceans.Solving the marine plastics pollution problem can – and must – be approached from multiple angles. The first step is identifying plastic products that can be substituted with non-plastic, recycled or biodegradable materials. By (A) throughout with product designers, we can find alternatives to single-use plastics and design re-useable products. Countries need to adopt circular and (B) incentives economic principles (C) engaging the plastics value chain to achieve this. Plastics are cheap because they are (D) produced with oil which is heavily subsidized and can be cheaper to produce, with less economic (E) sustainable to use recycled plastics. We need price structures that internalize the negative externalities of plastic use and encourage the use of alternative materials or reused and recycled plastics.Creating the tools and technology to help governments and organizations measure and monitor plastic waste within their cities. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Closing the Loop project is helping cities create smarter policy strategies to combat the problem. In 2018, ESCAP banned single use plastics in all catering operations. All single use items were replaced with reusable items, or more sustainable single-use options and charged at an extra fee to promote behavioral change among staff and visitors. This initiative is expected to prevent nearly nine tons of waste annually by rethinking our way of working. Extended responsibility can be applied in the retail (packaging) sector, where producers are responsible for the collection and recycling of products that they release into the market. Clean-up events on beaches and rivers, and awareness-raising initiatives to inform the public about how their actions contribute to marine plastics pollution (or to its solution), along with bans and levies on disposable plastic bags. Government ministries at the national and local levels, need to work in developing, implementing, and overseeing policies, which also involves industrial manufacturers, NGOs, and volunteer organizations. All these stakeholders need to act coherently and in synergy with one another instead of in silos. Not only do they need the will, but also the resources and funds to do so.The Organization for Economic Co-operation and Development (OECD), in partnership with ESCAP, the Indonesian Coordinating Ministry of Maritime and Investments Affairs, Coordinating Body on the Seas of East Asia (COBSEA), and the ASEAN Secretariat, discussed these issues at the recent OECD Regional Policy Dialogue forum on the 15th and 16th of December. OECD and ESCAP are working together to provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutions to these challenges. Events such as the OECD Regional Policy Dialogue forum, allow regional actors to exchange information and to develop co-operative efforts to address marine plastics pollution. Together, we can lay the groundwork for solutions that will restore cleaner, plastic-free seas in Southeast Asia.What have the OECD and ESCAP started working on together?a)To exchange information and to develop co-operative efforts to address marine plastics pollutionb)Developing solutions to prevent our oceans from becoming more polluted by plastics and other debrisc)To provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutionsd)To address the massive economic costs associated with marine plastic pollutione)None of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The passage given below contains words and a sentence that has been highlighted. There are questions given following the passage which need to be solved after a careful reading. Read the same and answer the questions that follow:The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. Annually, we produce around 359 million tonnes of plastic with the global market being valued at USD 568.9 billion in 2019, and projected to reach almost USD 1 trillion by 2035. Of this volume, 49.3 per cent is produced in the Asia-Pacific region. It is also where 38 per cent of all plastic is consumed. Eight million tonnes of this plastic will end up in the world’s oceans every year, most of which is fed from rivers, which serve as direct conduits of trash from some of the world’s fastest growing cities into the marine environment. Our relationship with plastic is short term focused. The plastic produced is designed to be single use. We use it once and then discard it. We like to think this is being recycled but only 9 per cent of all plastic waste ever produced has been recycled. About 12 per cent has been incinerated, while 79 per cent has accumulated in landfills, dumps or the natural environment as plastic waste, clogging our drains, endangering marine life and causing health concerns to local people.There are also massive economic costs associated with marine plastic pollution. Conservative estimates publication in March 2020 place the direct damage by the blue economy in the ASEAN region at USD 2.1 billion per year. Notably, this only covers the direct costs to three industries: shipping, fisheries and aquaculture, and marine tourism. Boats can get tangled up in abandoned or discarded fishing nets, or they might find their engines clogged up with bits of plastic junk. Whilst, “Ghost fishing” by derelict fishing gear results in reduced catch sizes. Tourists are also less likely to visit polluted beaches and seas – after all, who wants to dive near damaged coral reefs? This USD 2.1 billion per year figure is expected to rise significantly under a “business-as-usual” scenario, as plastics production is projected to triple between 2020 and 2050. These economic costs also leave tremendous social costs in their wake. In addition to being intimately tied to the fishing and tourism industries for their livelihoods, residents of coastal communities suffer from the damaging health effects of plastic pollution and rubbish brought in by the tides. It is essential that we start developing solutions to prevent our oceans from becoming more polluted by plastics and other debris, and beyond that, to actually clean up our oceans.Solving the marine plastics pollution problem can – and must – be approached from multiple angles. The first step is identifying plastic products that can be substituted with non-plastic, recycled or biodegradable materials. By (A) throughout with product designers, we can find alternatives to single-use plastics and design re-useable products. Countries need to adopt circular and (B) incentives economic principles (C) engaging the plastics value chain to achieve this. Plastics are cheap because they are (D) produced with oil which is heavily subsidized and can be cheaper to produce, with less economic (E) sustainable to use recycled plastics. We need price structures that internalize the negative externalities of plastic use and encourage the use of alternative materials or reused and recycled plastics.Creating the tools and technology to help governments and organizations measure and monitor plastic waste within their cities. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Closing the Loop project is helping cities create smarter policy strategies to combat the problem. In 2018, ESCAP banned single use plastics in all catering operations. All single use items were replaced with reusable items, or more sustainable single-use options and charged at an extra fee to promote behavioral change among staff and visitors. This initiative is expected to prevent nearly nine tons of waste annually by rethinking our way of working. Extended responsibility can be applied in the retail (packaging) sector, where producers are responsible for the collection and recycling of products that they release into the market. Clean-up events on beaches and rivers, and awareness-raising initiatives to inform the public about how their actions contribute to marine plastics pollution (or to its solution), along with bans and levies on disposable plastic bags. Government ministries at the national and local levels, need to work in developing, implementing, and overseeing policies, which also involves industrial manufacturers, NGOs, and volunteer organizations. All these stakeholders need to act coherently and in synergy with one another instead of in silos. Not only do they need the will, but also the resources and funds to do so.The Organization for Economic Co-operation and Development (OECD), in partnership with ESCAP, the Indonesian Coordinating Ministry of Maritime and Investments Affairs, Coordinating Body on the Seas of East Asia (COBSEA), and the ASEAN Secretariat, discussed these issues at the recent OECD Regional Policy Dialogue forum on the 15th and 16th of December. OECD and ESCAP are working together to provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutions to these challenges. Events such as the OECD Regional Policy Dialogue forum, allow regional actors to exchange information and to develop co-operative efforts to address marine plastics pollution. Together, we can lay the groundwork for solutions that will restore cleaner, plastic-free seas in Southeast Asia.What have the OECD and ESCAP started working on together?a)To exchange information and to develop co-operative efforts to address marine plastics pollutionb)Developing solutions to prevent our oceans from becoming more polluted by plastics and other debrisc)To provide expertise in policy coherence and sustainable financing to support countries in finding sustainable solutionsd)To address the massive economic costs associated with marine plastic pollutione)None of the aboveCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.