Global recycling rate decline, report finds

Look on the flip side of any old paper or plastic container, and there will likely be some form of recycling symbol. Well, turns out much of that recyclable material isn't getting repurposed - and the recycling rate has declined for the eighth year in a row. That's according to a new report by Circle Economy, a nonprofit foundation based in Amsterdam that is focused on helping governments and businesses avoid waste and boost efficiency. The World's Carol Hills spoke to Matthew Fraser, the report's director. He joined the show from Sao Paulo where he's currently at the World Circular economy forum.