Morgan Stanley takes aim at 'systemic' plastic waste crisis with flurry of financial pledges

Michael Holder
clock • 2 min read

Global financial services firm launches drive to prevent, reduce, and remove 50 million metric tonnes of plastic waste from water and land by 2030

Morgan Stanley is to spearhead a raft of new financial measures to help fund "systemic" solutions to the global plastic waste crisis, after announcing a goal to prevent, reduce, and remove 50 million metric...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Material Evolution secures funding from HSBC to build low-carbon cement business

Material Evolution secures funding from HSBC to build low-carbon cement business

Venture debt facility will be used to support next phase of Material Evolution's mission to decarbonise the construction industry

clock 20 June 2025 • 2 min read
LPFA to invest five per cent of pension holdings in 'climate solutions' by 2030

LPFA to invest five per cent of pension holdings in 'climate solutions' by 2030

Around £400m of investment from the London Pensions Fund Authority earmarked for climate and net zero opportunities in the UK

Holly Roach
clock 17 June 2025 • 2 min read
How the world's biggest banks increased fossil fuel financing to $869bn in 2024

How the world's biggest banks increased fossil fuel financing to $869bn in 2024

In a reversal of recent trends fossil fuel funding from the world's top 65 banks increased $84.8bn in 2024, according to the annual Banking on Climate Chaos report

Stuart Stone
clock 17 June 2025 • 8 min read