Evolving forimpact

Progress Report 2024

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Impact Metrics at a Glance

In 2024, our impact continued to increase.

Understanding and accurately measuring the effects of our work is integral to providing an accurate view of our progress. It informs dialogue and enables trusted engagement with stakeholders as we fulfil our purpose. We remain committed to further strengthening our impact reporting to meet an independent limited assurance process, so that the impact presented is accurate, robust, and aligns to international reporting standards.

Our Impact Metrics Framework is designed to represent the most relevant impact areas from our activities including tracking and reporting key ‘enabling’ metrics that influence systems change. More details on the Impact Metrics Framework can be found in our Basis of Reporting 2024.

Alliance-funded projects

Cumulative Impact since 2019

Assured by DNV. Exceptions noted separately.

239K

tonnes of unmanaged plastic waste reduced

253K

tonnes of plastic waste valorised

763K

participants reached through education programmes

10

projects demonstrating Solution Models

Assured for up to 2023 reporting period.

2,134

formal jobs created

740

organisations engaged to enable systems change, finance, develop and implement our projects and broader initiatives

Assured for 2024 reporting period.

US$445m

of total revenue collected

US$299m

has been allocated to mission-related activities

Catalysed Capital

Cumulative Impact since 2019

Assured by DNV

US$610m

of funding commitments by other parties and impact investors

US$540m

of catalysed funding that have been allocated to mission-related activities

Chair’s Message

Jim Fitterling

Chair, Alliance to End Plastic Waste  
Chair & CEO, Dow Inc

“The Alliance’s strategic evolution is logical and timely. The challenges it aims to solve are becoming a top priority on the global agenda.”

Jim Fitterling

Chair, Alliance to End Plastic Waste
Chair and Chief Executive Officer, Dow

In 2024, the Alliance remained firmly focused on its purpose to lead the creation of a circular economy for plastics, thereby eliminating plastic waste.

Since its inception, the Alliance has used its unique convening ability to bring together stakeholders from the private sector, governments, financial institutions, and non-government organisations to identify, fund, and implement solutions that improve plastic waste management and recycling.

President & CEO's Message

“At the Alliance, we are committed to building a united ecosystem to make plastic a truly circular material”

Jacob Duer

President & CEO, Alliance to End Plastic Waste

The Alliance to End Plastic Waste is at a pivotal moment in the global effort to end plastic waste and pollution. As we continue to evolve and mature, we are transforming how we fulfill our purpose by deepening our impact and accelerating progress towards a circular economy for plastics.

Jacob Duer

President & CEO, Alliance to End Plastic Waste

Strategy 2030

In 2024, we made an important decision to evolve our strategic focus.

As a global laboratory, we invested in new technologies, solutions, and financial models to end plastic waste and pollution. This approach yielded significant progress. But our experience from funding projects around the world revealed greater opportunities to build a united ecosystem to achieve impact at speed and scale.

Working closely with our members, we are shifting our strategic focus, moving away from smaller, individual projects to larger-scale integrated programmes.

These programmes are anticipated to be co-developed with range of partners, including governments and co-funders.

Our work in selected countries is focused on areas with less mature plastic waste management systems, where unmanaged waste is significant. We align our efforts with national priorities to drive the systems change needed to reduce plastic pollution and improve recycling rates.

Separately, our other work will nurture solutions and identify the key levers to address the most persistent barriers to plastic circularity.

Three country programmes were approved in December 2024 — Indonesia, South Africa, and India — along with one thematic programme focused on flexibles plastics. Others will follow.

Our Strategy 2030 will help us to build a clear pathway towards a more sustainable, circular economy for plastics.

Download the full report to learn more.

Developingandtestingsolutions

Developing & Testing Solutions
Catalysing Capital

Catalysing Capital

The global plastic waste challenge demands urgent and substantial financial investment, with some estimates suggesting a need for US$2.1 trillion by 2040. While innovative solutions to address plastic leakage exist, many operate at the frontier of what is possible, involving emerging technologies, nascent business models, or untested marketing applications.

These factors increase the perceived financial risk of the solutions, making it difficult for them to obtain capital through traditional investment channels. Without sufficient funding, promising innovations struggle to move from concept to commercial viability, limiting their potential to create lasting impact.

The Alliance is committed to bridging this gap by championing innovative financing mechanisms that unlock the necessary capital to scale solutions and drive systems change.

Our approach involves providing:

  • Concessional capital to de-risk solutions and attract private investment;
  • Expert technical guidance to enhance project design and execution;
  • Access to a global network of public and private stakeholders to foster collaboration and market development.


To learn more about how the Alliance is catalysing capital, watch our video below and download our full report.

Enabling the Ecosystem

Enabling the Ecosystem

No one organisation can achieve the shift to circularity for plastics alone. Collaboration and information exchange are vital. That is why, in addition to developing real-world solutions, the Alliance focuses on enabling the ecosystem by convening diverse stakeholders across sectors and regions to share experiences and perspectives.

In 2024, we engaged with 740 organisations, directly and through our network of funding recipients, strategic allies, and supporters. Since 2019, our behaviour change and education programmes, developed with the support of our partners, have reached more than 763,000 people.

We also convene a range of stakeholders to achieve our broader goal of fostering open and candid dialogue on practical challenges and potential solutions. At the sidelines of the Intergovernmental Negotiating Committee (INC) process, the Alliance hosted roundtables in Ottawa, Bangkok, and Busan, convening representatives from governments, industry, intergovernmental organisations, development finance institutions, civil society, and the informal sector. The sessions covered topics ranging from waste collection systems to Extended Producer Responsibility and financing approaches.

Alongside these dialogues, we showcased the progress we are seeing. Our Circularity in Action: Solutions for Change exhibition at INC-4 spotlighted over 40 real-world innovations, attracting 600+ attendees. Learn more about the showcase from its the digital twin here.

Equity and the Informal Sector

Equity and the Informal Sector

Informal waste workers are the backbone of waste management in many developing economies. Often operating in difficult and dangerous conditions, without protection, recognition or support, they collect nearly 60% of the plastic waste that is recycled globally.

Watch the story of Ms. Phung Lan, a waste collector in Vietnam, for a glimpse into the lives of an estimated 15 million informal waste workers worldwide.

The Alliance is committed to working with informal sector workers. From Kenya to Nepal and Brazil, we support over 13 projects that engage informal workers, many of which focus on improving their working conditions and welfare.

Download the full report to learn more about our work with the informal sector and how it drives social and gender equality.

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Download Our Progress Report 2024: Evolving for Impact

For more insights into our impact and Strategy 2030, download the full report here.

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