Development Banks to Invest at Least R60bn by 2030 in Ocean Plastics Fight

Development banks to invest at least R60bn by 2030 in ocean plastics fight

A group of development banks plans to invest at least €3bn (R60.71bn) by the end of the decade in tackling plastic pollution in the sea, expanding the scope and financial firepower of what remains the world's biggest effort to fix the growing problem.

UNOC: Development banks pledge €3 bln to fight marine plastic pollution « Carbon Pulse

Six major development banks have committed to a €3-billion financing target over the next five years to combat ocean plastic pollution as an extension to the Clean Oceans Initiative (COI).

Recruiting public to solve plastic crisis

The Ocean Cleanup, a Dutch non-profit that develops and scales technologies to rid the world’s oceans of plastic, is calling on offshore sailors between California and Hawaii to take part in its research expedition to help map plastic in The Great Pacific Garbage Patch (GPGP). The GPGP is the world’s largest accumulation of floating plastic, and by recruiting people willing to fit AI cameras and use GPS trackers while transiting the Pacific Ocea…

Clean Oceans Initiative 2.0 targets $3.4bn to combat ocean plastic

The Clean Oceans Initiative (COI) 2.0 was launched at the 2025 United Nations Ocean Conference to mitigate ocean plastic pollution.

Public development banks launch Clean Oceans Initiative 2.0 after original initiative delivered on its target ahead of time

(Credit: Unsplash) This article is published in association with European Investment Bank. Public development banks launch Clean Oceans Initiative 2.0 at the UN Ocean Conference, setting a new €3 billion financing target for 2026–2030 to tackle ocean plastic pollution. The original Clean Oceans Initiative reached its €4 billion financing target for plastic pollution reduction projects seven months ahead of schedule. COI 2.0 expands the partners…

Public Development Banks Unveil €3 Billion Clean Oceans Initiative 2.0 to Tackle Marine Plastic Crisis Through 2030

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