This document discusses the challenges, risks, and opportunities in transitioning to recyclable multi-material packaging. It notes that flexible plastic packaging dominates but is largely non-recyclable, posing threats to the environment. Improving global recycling systems and reducing plastic use are proposed solutions. The US lags in recycling rates and investment is needed to optimize curbside collection. Producer responsibility and funding recycling is seen as an opportunity, as well as redesigning non-recyclable pouches and transitioning to refillables. Europe is moving forward with policies while the US lacks federal leadership on the issue.