The Business Times
Author: Michelle Quah
INVESTORS can play a key role in reducing plastic waste and must rouse themselves from the sidelines where they’ve historically parked themselves to allocate more capital towards this - especially given the significant investment opportunities in the plastics circular economy in Asia, in particular.
Such is the view of Rob Kaplan, chief executive officer and founder of Singapore-based investment management firm Circulate Capital. Kaplan was speaking to The Business Times on the back of news that the European Investment Bank (EIB) had committed to invest up to US$20 million in the firm’s Circulate Capital Ocean Fund I-B (CCOF I-B).
The fund invests both into disruptive innovations aligned with the firm’s climate-tech strategy, and into the South and South-east Asia recycling value chain, alongside the firm’s US$112m Circulate Capital Ocean Fund.