ADB Invests $500 Million to Combat Plastic Pollution in Indonesia’s Waters

The Asian Development Bank (ADB) has pledged a significant $500 million loan to bolster Indonesia’s fight against plastic marine debris, aligning with the country’s ambitious goal of reducing plastic waste flow into the ocean by 70% by 2025.

Why it Matters:

• Indonesia’s coastal areas, vital for livelihoods and tourism, face an annual $450 million economic hit due to plastic pollution.
• The loan supports Indonesia’s National Action Plan for Handling Marine Debris, improving waste management,reducing plastic production, and enhancing data-driven policymaking.
• This initiative aligns with ADB’s broader commitment to promoting a sustainable blue economy in Southeast Asia.

Looking Ahead:

ADB’s investment is a crucial step in addressing the pervasive plastic pollution crisis, safeguarding Indonesia’s marine ecosystems, and ensuring the long-term sustainability of its coastal communities.