Development banks to invest 3 billion euros in ocean plastics fight

A recent announcement from nine leading development banks marks a pivotal moment in the global fight against ocean plastics. These institutions have pledged a combined €3 billion by 2030 to tackle plastic pollution, particularly in developing countries where waste management infrastructure often lags behind growing consumption. The funding aims to improve plastic waste collection, expand recycling infrastructure, and support circular economy solutions.

As momentum builds behind large-scale financial commitments, the spotlight turns to another critical piece of the puzzle: transparency and traceability across the plastics value chain. That’s where Intertek plays a vital role.

Building Trust in the Plastics Supply Chain

Intertek’s Plastic Recycling Verification Program provides the end-to-end traceability solutions needed to ensure that recycled content claims are not just aspirational—but verifiable. From feedstock to final distribution, we offer assurance that supports both regulatory compliance and consumer trust.

Our services include:

Verification of feedstock source: Confirming that collected plastic waste meets defined criteria for recyclability and origin.

Assessment of collection and transportation processes: Ensuring the integrity of materials through the logistics chain.

Auditing recycler facilities: Performing internal or self-assessment audits to verify operational compliance and recycling capabilities.

Recycled content verification: Validating the presence and percentage of recycled material used by article manufacturers.

Final product traceability: Certifying the accurate labeling and distribution of recycled-content goods.

Enabling Sustainable Investment with Independent Assurance

As global financial institutions unlock billions to fight plastic pollution, companies that can demonstrate credible, traceable use of recycled plastics will be best positioned to benefit. Intertek's independent verification gives both investors and consumers the confidence that sustainability claims are grounded in rigorous oversight—not just marketing.

The path to a cleaner ocean isn’t just about collecting waste—it’s about building systems that make recycled materials part of a transparent, circular future. Intertek is proud to support that transformation.