This document summarizes a report about the costs of plastic to society, the environment, and the economy. It finds that the lifetime cost of plastic produced in 2019 will be at least $3.7 trillion, more than the GDP of India. This cost is much higher than the market price paid for plastic, which fails to account for costs across the plastic lifecycle like greenhouse gas emissions, waste management, and environmental damage from plastic pollution. Without action, the lifetime costs of plastic produced in 2040 could reach over $7 trillion due to expected increases in plastic production. The report calls for governments and industries to take urgent action through policies, regulations, and international agreements to address the plastic crisis and internalize the true costs of plastic