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First of all, I hope that this message finds you well and healthy. As the effects of COVID-19 are being felt in nearly every corner of the globe and in nearly every aspect of our lives, this crisis further underscores the need to invest in local waste management and recycling value chains to protect local communities’ health and livelihoods.
Some of its impacts include an increase in demand for single-use plastics as well as an increased likelihood that the virus will affect the front lines of workers in the waste management sector, especially among the informal waste pickers in South and Southeast Asia. This is why we are supporting the call to action for support to waste picker families in the great Jakarta area described below.
We are more focused than ever in investing in small and medium enterprises across South and Southeast Asia to strengthen the resilience of the local value chains and communities they operate in and to ensure the continued emergence of a circular economy.
Read more on how COVID-19 emphasizes the need to invest in local waste management and the circular economy in my latest blog on Forbes.
Best,
Rob Kaplan
Founder & CEO
Circulate Capital
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Sustainable Waste Indonesia (SWI), Indonesia Waste Pickers Union (IPI) and the Indonesian Plastic Recycler association (IPR) launched a call to action for Covid-19 support to waste picker families in the greater Jakarta area.
In coordination with Circulate Capital and thanks to the support of several of our investors including Unilever, Danone, Coca Cola and Dow as well as USAID, over 2000 waste picker families received essential hygiene toolkits including disinfecting agents, handwash, masks and gloves - with hand wash stations installed across six slum areas.
Efforts continue, please reach out if you want to contribute to this initiative.
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Handwash stations have been installed across six slum areas in the greater Jakarta area.
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CIRCULATE CAPITAL IN THE NEWS
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Singapore's Long-Term Low-Emissions Development Strategy
April 1, 2020 - Circulate Capital is featured in Singapore's National Climate Change Secretariat's Long-Term Low-Emissions Development Strategy (LEDS) document, titled “Charting Singapore’s Low-Carbon and Climate Resilient Future”.
Read the full document >
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Bisnis Indonesia - Funding is Still a Challenge in Growing the Recycling Industry
March 10, 2020 - Sebuah firma investasi, Circulate Capital menyatakan rencana investasi pada industri daur ulang saat ini baru mencapai US$20 juta.
Read the full story >
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Medcom Indonesia - Circulate Capital ready to invest in plastic waste management in Indonesia
March 10, 2020 - Jakarta: Perusahaan pengelola investasi yang berbasis di Singapura, Circulate Capital, dalam waktu dekat siap mengucurkan dana untuk membiayai proyek dan infrastruktur tata kelola sampah plastik di Indonesia. Jumlah sampah plastik dinilai potensial dan yang terbuang masih bisa memiliki nilai.
Read the full story >
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To learn more about Circulate Capital and The Incubation Network, or to apply for funding, please visit our website to download the full Request for Proposals for projects seeking capital.
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