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Moving Towards Outcomes-Based Financial Mechanisms for Waste Prevention

March 28 , 9:00 am 10:00 am EDT

To effectively tackle plastic pollution by 90%, an estimated $5.22 trillion USD from both public and private sources is needed over the next 15 years, highlighting the necessity for innovative financial mechanisms that are flexible and rapidly deployable to help address the funding gap.

To this end, EA Earth Action, with the support of rePurpose Global, GreenBlue and Upstream, is publishing a report that aims to advance this critical landscape of innovative financial mechanisms to support the goals of the International Legally Binding Instrument (ILBI) on plastic pollution.

The upcoming webinar will focus on Outcomes-Based Waste Prevention (OBWP), an innovative financial mechanism that incentivizes the reduction of plastic waste and aims to bridge the funding gap and accelerate progress towards Treaty goals. This session builds on Earth Action’s findings to discuss the significant role, application, and potential of Outcomes-Based Financial Mechanisms in mobilizing crucial capital for driving solutions among policymakers, businesses, and other key stakeholders at the crossroads of plastic pollution mitigation and financing.

To see the whole report, please see link here: https://www.e-a.earth/moving-towards-outcomes-based-financial-mechanisms-for-waste-prevention/

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