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

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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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