Together Against Plastic Waste

A global alliance of plastic makers and consumer goods companies said on Tuesday it would prioritise much of its $1 billion (€900 million) funds to curb plastic waste in Southeast Asia.

The Alliance to End Plastic Waste (AEPW), consisting of 40 companies based around the world, committed $1 billion to an anti-plastic waste fund when it was launched earlier this year, pledging to invest half a billion more in within the next five years.

The group, now headquartered in Singapore, said the money would finance city partnerships and infrastructure to support waste management in Southeast Asian countries, which are among the world’s worst ocean polluters.

ESM