Circulate Capital aims to build plastic waste recycling infrastructure in underserved Indonesia

ImpactAlpha


Indonesia generates around 7.8 million tons of plastic waste annually. 4.9 million tons of plastic waste is mismanaged — uncollected, disposed of in open dumpsites or leaked from improperly managed landfills.


While there are plastic waste management and recycling infrastructure in place in Indonesia’s main population centers, those solutions have yet to reach coastal communities in the country’s more than 17,000 islands that are experiencing high levels of plastic pollution and greenhouse gas emissions.


Prevented Ocean Plastic Southeast Asia, a partnership between Singapore-based impact fund Circulate Capital and global recycling companies Bantam Materials and Polindo, is on a mission to expand plastic waste recycling infrastructure.


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