World’s First Investment Tracker for Plastics Circularity Launched
The Circulate Initiative launches world-first investment tracker for plastics circularity, with the goal of mobilizing further capital.
Plastic pollution is a global environmental problem that contributes to climate change and poses a risk to society, the economy and population health. Despite the potential of a circular economy to curb this crisis, gaps in financing and action remain.
According to The Circulate Initiative’s newly launched Plastics Circularity Investment Tracker, approximately US$850 million was invested annually in plastics circularity solutions across emerging economies, significantly lower than the estimated US$27.5 billion a year needed to fund basic waste management infrastructure in these markets. The total investments made between 2018 and 2022 was estimated at US$4.1 billion.