Eco-Business
Author: Ng Wai Mun
Emerging economies often cite a lack of capital as the most significant barrier to creating a profitable plastics circularity market. New data, traced using a new investment tracking tool launched in March by The Circulate Initiative, now shows that global investors injected over US$4.1 billion into such solutions in emerging markets across the world over a five-year period since 2018, with Asia receiving the bulk of the investment.
Asia remains a huge focus for seed investors and venture capitalists looking to have a stake in the region’s emerging markets. 87 per cent of all funding for plastics circularity in emerging economies went to the region between Jan 2018 and Sep 2022.