Asia falls behind in PE-VC funding for plastic circularity firms
Private equity and venture capital investors are pouring money into global businesses that promote plastic circularity, i.e. minimising plastic waste by promoting a circular economy. However, the majority of these investments are flowing to developed markets, while emerging countries in Asia lag.
Global funding into plastic circularity totalled $26.5 billion in 2023 (down from $31.1 billion in the previous year).