Reuters
It is all that is left of a programme, funded by some of the world’s biggest oil and chemical companies, that they said could solve a runaway ocean plastic waste crisis which is killing marine life - from plankton to whales - and clogging tropical beaches and coral reefs. The closure of Renew Oceans, which has not previously been reported, is a sign that an industry whose financial future is tied to the growth of plastic production is falling short of its targets to curb the resulting increase in waste, according to two environmental groups. The Alliance to End Plastic Waste, a Singapore-based nonprofit group set up two years ago by big oil and chemical companies, said on its website in November 2019 that its partnership with Renew Oceans would be expanded to the world’s most-polluted rivers and “ultimately could stop the flow of plastic into the planet’s ocean.”