The creation of the new Alliance to End Plastic Waste was announced in London on Wednesday, 16 January. It brings together around 30 global companies from the plastics and consumer goods value chain in North and South America, Europe, Asia, Africa and the Middle East. Veolia is a founding member of this alliance and its Chairman and CEO, Antoine Frérot, is one of the two vice chairmen.
The Alliance aims to help eliminate plastic waste in the environment, particularly in the oceans. It is committed to providing more than $1 billion - with a target of $1.5 billion - over the next five years, to enable the deployment of plastic waste reduction and management solutions and promote their recycling.
The Alliance's projects to eliminate plastic waste:
- Partnering with cities to design integrated waste management systems in large urban areas where infrastructure is lacking, especially those along rivers which transport vast amounts of unmanaged plastic waste from land to the ocean.
- Funding The Incubator Network by Circulate Capital to develop and promote technologies, business models and entrepreneurs that prevent the propagation of ocean plastic waste, initially focusing on Southeast Asia.
- Developing an open source, science-based global information project to support waste management projects globally.
- Creating a capacity building collaboration with intergovernmental organizations such as the United Nations to conduct joint training for public officials.
- Supporting Renew Oceans designed to capture plastic waste before it reaches the ocean from the ten major rivers shown to carry the vast majority of land-based waste to the ocean.
The founding members of the Alliance are: BASF, Berry Global, Braskem, Chevron Phillips Chemical Company LLC, Clariant, Covestro, Dow, DSM, ExxonMobil, Formosa Plastics Corporation, U.S.A, Henkel, LyondellBasell, Mitsubishi Chemical Holdings, Mitsui Chemicals, NOVA Chemicals, OxyChem, PolyOne, Procter & Gamble, Reliance Industries, SABIC, Sasol, SUEZ, Shell, SCG Chemicals, Sumitomo Chemical, Total, Veolia and Versalis (Eni).
> The Alliance to End Plastic Waste website @EndPlasticWaste (on Twitter