ADB, China Everbright Environment form partnership for Asian ocean health
The Asian Development Bank and China Everbright Environment Group Limited have signed a memorandum of understanding to work together to promote the circular economy and protect ocean health in Asia.
Under the agreement, ADB and CEEGL will jointly promote the development of enhanced solid waste management systems in Asia to encourage public-private partnerships in waste collection, transportation, and recycling, and to reduce land-based sources of marine debris and related impacts to marine life, coastal livelihoods, and human health.
The cooperation will focus on raising awareness on the critical role of solid waste management to ensure ocean health and will document a case study of marine debris reduction through relevant projects. ADB and CEEGL will also collaborate to enhance PPP project preparation templates, to promote PPPs in solid waste management in ADB’s developing member countries.
