DEVELOPMENT BANKS TO INVEST 3 BILLION EUROS IN OCEAN PLASTICS FIGHT

A group of development banks plans to invest at least 3 billion euros ($3.4 billion) by the end of the decade in tackling plastic pollution in the sea, expanding the scope and financial firepower of what remains the world's biggest effort to fix the growing problem.

The U.N. estimates that, on current trends, plastic waste entering the water could triple to up to 37 million metric tons per year by 2040, from around 11 million tons in 2021.

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