ADB, CEEGL form Strategic Partnership for Ocean Health in Asia

Manila: The Asian Development Bank (ADB) and China Everbright Environment Group Limited (CEEGL) today signed a memorandum of understanding (MOU) to cooperate on efforts to promote the circular economy and protect ocean health in Asia. 
 
Under the agreement, ADB and CEEGL will jointly promote the development of enhanced solid waste management systems in Asia to encourage public-private partnerships (PPP) in waste collection, transportation, and recycling, and to reduce land-based sources of marine debris and related impacts to marine life, coastal livelihoods, and human health.  
 
"The ocean ecosystem faces severe threats from pollution and climate change, demanding urgent and sustainable solutions," said ADB Private Sector Operations Department Deputy Director General Christopher Thieme in a press release on Monday.

"By leveraging ADB and CEEGL’s complementary expertise and resources, our partnership will spur advocacy for the circular economy and healthy oceans and disseminate crucial knowledge needed to develop blue economies," he stated.
 
The cooperation will focus on raising awareness on the critical role of solid waste management to ensure ocean health and will document a case study of marine debris reduction through relevant projects. 
 
ADB and CEEGL will also collaborate to enhance PPP project preparation templates, to promote PPPs in solid waste management in ADB’s developing member countries.
 
CEEGL is the first one-stop integrated environmental solution provider in the PRC with a business presence in more than 200 locations across the PRC as well as overseas markets such as Vietnam, Germany, and Poland. 
 
At the end of 2020, CEEGL secured 458 environmental protection projects, including 161 waste-to-energy projects with a total designed annual household waste processing capacity of 51 million tons and expected on-grid power generation of approximately 16,912 GWh. 
 
In 2019, ADB launched the Action Plan for Healthy Oceans and Sustainable Blue Economies to expand financial and technical assistance for ocean health and marine economy projects. 
 
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