Driving action on financing Despite the fact that an estimated $150 billion is required globally each year to build circular systems for plastic waste, only a fraction is currently being raised. At the national level, GPAP supports finance task forces – multistakeholder platforms uniting government, business, civil society and financiers – to develop national financing roadmaps. These evidence-based roadmaps identify investment needs, map existing financial flows and outline the policy, regulatory and financial actions needed to mobilize capital across the plastics value chain. Over the past year, GPAP has worked actively with stakeholders in Viet Nam, Mexico City, Pakistan and Nigeria to prepare these countries to attract and deploy capital effectively. Regionally, GPAP collaborates with partners such as the Inter-American Development Bank (IDB) and the Asian Development Bank (ADB) to connect financiers and governments, promote knowledge- sharing, encourage a shared investment taxonomy and align portfolios with regional priorities. In April 2025, GPAP and the UNEP Finance Initiative (UNEP-FI) convened a session bringing together North American banks and investors to better understand portfolio risks related to plastic pollution. In May, in partnership with the IDB, GPAP brought together key finance leaders from across Latin America and the Caribbean at the World Circular Economy Forum in São Paulo to align on taxonomy and investment approaches for the region. At the global level, GPAP continued to lead the Financing Coordination Group (FCG), supported by the Organisation for Economic Co-operation and Development (OECD), UNEP-FI, the World Bank and the Circulate Initiative, to drive knowledge- sharing, capacity-building and coordination throughout the financing ecosystem while aligning with the global plastics treaty process. The group has conducted a webinar series, engaging 529 participants from 93 countries. It also held finance days during the First Part of the Fifth Session of the Intergovernmental Negotiating Committee to develop an international legally binding instrument on plastic pollution (INC-5.1) in Busan, and the Second Part of the Fifth Session of the same body (INC-5.2) in Geneva, each with more than 100 participants. Through these activities, the group has advanced understanding of outcome-based financing, funding gaps and enabling environments for investment to inform key actors and promote scalable investment strategies. Preventing plastic pollution is a systems challenge — and solving it requires system-level solutions, supported by the right financial mechanisms and enabling conditions. Rob Kaplan, Founder and CEO, Circulate CapitalGPAP is advancing a programme to unlock financing for plastic action. The programme links global, regional and national efforts to strengthen coordination, transparency and investment alignment. WEBINAR Key enablers for accelerating investment in plastics circularity $150 billion The estimated amount required globally each year to build circular systems for plastic waste. Unlocking Plastic Action for Inclusion, Resilience and Growth: GPAP Annual Report 2025 15

Unlocking Plastic Action for Inclusion Resilience and Growth GPAP Annual Report 2025