Santiago López, executive director of the Latin American regional group of the International Council of Beverages Associations: “The production and consumption matrix in Latin America and the Caribbean has traditionally been based on extraction, production, consumption and disposal. This pattern has led regions with low or medium income, such as Latin America and the Caribbean, to have considerably lower recycling rates than those with better income rates and access to better technology. According to the Inter-American Development Bank, in our region, we recycle just 5 percent of the 230 million tons of municipal waste generated each year. However, most developed countries and Latin America are shifting to a circular economy model. The practice of regeneration, redesign, reuse and recycling is becoming central. Mexico is an example of circularity focused on recycling, as it operates the largest food-grade ‘PET’ recycling facility in the world…”