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RG-Q0067 : Circulate Capital LAC Ocean Fund

Project Status: Implementation

Launch the first fund in LAC dedicated to fighting plastic pollution and advancing the circular economy. The fund will invest in companies promoting a plastic circular economy and catalyze investment from institutional investors at scale.

Project Detail

Project Number
RG-Q0067
Approval date
June 24, 2021
Project Country
Regional
Project Sector
WATER AND SANITATION
Project Subsector
SOLID WASTE
Project Type
Equity
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
EQU/MS-18659-RG

Financial Information

Project Number
RG-Q0067
Project Status
Implementation

IDB Financing

Financing type
EQU
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/24/2022

Roles & Responsibilities

Project Information

Total Cost
USD 80,000,000
Country counterpart financing
USD 76,000,000
Amount
USD 4,000,000

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
RG-Q0067
October 19, 2021
Donors Memorandum
RG-Q0067
October 19, 2021