Circulate Capital LAC Ocean Fund
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

Country

Regional

Project Number

RG-Q0067

Approval Date

June 24, 2021

Project Status

Implementation

Project Type

Equity

Sector

WATER AND SANITATION

Subsector

SOLID WASTE

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 80,000,000.00

Country Counterpart Financing

USD 76,000,000.00

Original Amount Approved

USD 4,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-18659-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-18659-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-274710497-1
Donors Memorandum
RG-Q0067 Resumen del proyecto spa.pdf
Oct. 19, 2021
English
https://www.iadb.org/document.cfm?id=EZSHARE-274710497-2
Donors Memorandum
RG-Q0067 Project Summary eng.pdf
Oct. 19, 2021
English

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