Alliance to End Plastic Waste
Nearly 30 companies have committed to invest more than $1bn on developing solutions to eliminate plastic waste, including Mitsubishi and Total.
The Alliance to End Plastic Waste said it would design infrastructure to manage waste and increase recycling, and also support technologies to create value from post-use plastics.
It hopes to increase investment to $1.5bn during the next five years, and will also help clean up areas with concentrated plastic waste.
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