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Europe Daily Bulletin No. 12353

22 October 2019
SECTORAL POLICIES / Environment
Success of Global Clean Oceans Initiative, already €700 million in long-term funding
Brussels, 21/10/2019 (Agence Europe)

After just its first year of operation, the Clean Oceans Initiative has provided more than €700 million long-term financing for projects to reduce and recycle marine litter and waste collected on land - a third of its target of €2 billion in public and private sector projects over 5 years.

The IMF/World Bank Group, the Agence française de Développement (AFD), the European Investment Bank (EIB) and KfW Group (on behalf of the German Federal Government) announced this on 20 October in...

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