There is a junkyard for GEO i.e 360000km orbit. But there are now concepts and companies coming up to solve the junk problems for the 500-2000km orbits - https:

There is a junkyard for GEO i.e 360000km orbit. But there are now concepts and companies coming up to solve the junk problems for the 500-2000km orbits - https://www.bbc.com/news/science-environment-56420047 https://www.bbc.com/news/science-environment-56420047