Global Banks Pledge €3 Billion Under Clean Oceans Initiative 2.0 to Fight Plastic Pollution
Six of the world’s leading public development banks have launched a renewed and expanded effort to tackle marine plastic pollution through the Clean Oceans Initiative 2.0. The announcement was made at the United Nations Ocean Conference (UNOC) held in Nice, France, where leaders from around the world gathered to push forward ocean sustainability goals under the UN’s Sustainable Development Goal 14.
The banks behind this global effort include Agence Française de Développement (AFD), European Investment Bank (EIB), Kreditanstalt für Wiederaufbau (KfW), Cassa Depositi e Pres titi (CDP), European Bank for Reconstruction and Development (EBRD), and the Asian Development Bank (ADB)—the latest to join the group, strengthening the initiative’s reach in Asia.
€3 Billion Commitment for 2026–20...
