Coca-Cola Foundation grants US$15 million to tackle plastic waste in Asia
The United Nations Development Programme (UNDP) and The Coca-Cola Foundation (TCCF) have partnered to launch a multi-country program, addressing the growing challenge of plastic waste management in Asia.
Representatives from the UPDP and TCCF.
The three-year multi-country program, launched in India and supported by a US$15 million grant from TCCF, focuses on nine Asian countries – Bangladesh, Bhutan, Cambodia, India, Maldives, Nepal, Philippines, Sri Lanka, and Vietnam.
The program aims to improve plastic waste management, promote recycling, reduce plastic leakage into the environment, foster country-based solutions, and facilitate regional collaboration.
It will focus on developing innovative business models for waste collection and recycling, offering technical advice on environmental best practices and tapping into the latest technology to improve collection and recycling, to reduce plastic leakage.
“Tackling plastic waste isn't just about cleaning up – it's also about building a smarter development model. Through our Zero Waste and Plastics initiatives, we are helping them craft policies, attract investments, and reduce the consumption of single-use plastics,” said Christophe Bahuet, UNDP Deputy Regional Director for Asia and the Pacific.
