Minderoo Foundation pledges $300m to create 'cashable commodity' from plastic waste

Michael Holder
clock • 3 min read

Philanthropic group unveils plans for voluntary payments on virgin plastics derived from fossil fuels in bid to boost demand for recycled plastics

Global efforts to drive down plastic waste have received a major boost, with Australian philanthropic body the Minderoo Foundation today pledging $300m towards a new industry-focused initiative to "keep...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Recycling

'Common-sense changes': Defra touts updated plan to 'simplify' recycling collections in England

'Common-sense changes': Defra touts updated plan to 'simplify' recycling collections in England

Councils will be required to collect four separate waste and recycling streams from homes and businesses under policy changes unveiled today

Michael Holder
clock 29 November 2024 • 4 min read
Why the circular economy is an 'America First' policy

Why the circular economy is an 'America First' policy

Sustainability leaders also acknowledge the need to rethink globalisation

Jon Smieja, Trellis
clock 29 November 2024 • 4 min read
Movopack secures £2m to support UK launch of circular e-commerce packaging service

Movopack secures £2m to support UK launch of circular e-commerce packaging service

Company says customers will be able to easily return packaging using Royal Mail post boxes, helping to slash waste and carbon emissions in the process

James Murray
clock 28 November 2024 • 2 min read