Plastic in the ocean: Plastic producers team up and pledge $1bn to combat the plastic problem

Plastic-producing companies around the world have teamed up and committed to investing more than $1 billion to cut our plastic waste.

The Alliance to End Plastic Waste (AEPW), made up of almost 30 companies, will build solutions that will reduce the amount of plastic created and help deal with single-use plastic that has been disposed of.

The AEPW also announced plans to build better infrastructures for waste management in large urban areas and potential partnerships with organisations such as the United Nations to train government officials in solving the plastic problem.

David Taylor, chairman of AEPW and CEO of Procter & Gamble, said: “Everyone agrees that plastic waste does not belong in our oceans or anywhere in the environment. 

“This is a complex and serious global challenge that calls for swift action and strong leadership. This new alliance is the most comprehensive effort to date to end plastic waste in the environment.”

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Taylor urged other companies to join the partnership to help in the fight against plastic.

The AEPW, made up of companies from North and South America, Europe, Asia, Africa and the Middle East, will also be supporting the Renew Oceans project, which is running an ocean cleanup project with a particular focus on the River Ganges. 

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