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The Clean Ocean Initiative will focus on projects in coastal and riverine areas in developing countries in Africa, Asia and the Middle East. The projects will finance the collection, sorting and recycling of waste before it reaches rivers and streams. According to EIB, 90% of plastic waste enters the ocean through ten major river systems in Africa and Asia. These regions face challenges in access to regular waste collection, and have limited waste disposal control.

Source: EIB, Government Partners Launch Initiative to Clean up Oceans | SDG Knowledge Hub, IISD