To help reduce ocean plastic pollution, UNDP Comoros is helping the government of Comoros to introduce innovative financial mechanisms for plastics waste recovery, reuse, and recycling. The project will not only reduce plastics waste, but it will also create new economic opportunities for communities through the creation of plastic waste recovery and buy-back centers.

• Innovative financial mechanisms
  It targets to introduce a simple financial mechanism for the purchase of polyethylene terephthalate (PET) plastics and aluminum cans that will encourage collectors/producers to bring in recyclable waste in bulk, creating decent green jobs in the process.
• Public-private partnerships
  The partnership with the private sector and NGOs seeks to effectively manage the financial and sustainable operation programs for the plastic waste buy-back and recycling recovery system.
• Creation of new livelihoods
  By increasing the value of recyclable materials and through its PET buy-back system, the municipality, supported by the national waste agency and the national protected areas agency is targeted to be able to generate stable and sustainable revenues of at least US$500,000 per year from plastics taxes and bought plastics.

IMPLEMENTATION STATUS 

• Progress summary as of November 2022 (PDF)
• Watch this short video to know about the Year 2021 status of UNDP Comoros' ocean innovation.