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The UN Environment Programme (UNEP) and the European Investment Bank (EIB) today launched the Global Environment Facility (GEF) Mediterranean Pollution Hot Spots Technical Assistance initiative, which aims to reduce pollution in the Mediterranean marine and coastal environment.
The UN Environment Programme (UNEP) and the European Investment Bank (EIB) today launched the Global Environment Facility (GEF) Mediterranean Pollution Hot Spots Technical Assistance initiative, which aims to reduce pollution in the Mediterranean marine and coastal environment.
Circulate Capital, the Singapore-based investment management firm financing high-growth opportunities at the nexus of climate-tech and plastics, recycling and the circular economy, announced today that the European Investment Bank (EIB) has committed up to $20 million to the Circulate Capital Ocean Fund I-B (CCOF I-B), which invests both into disruptive innovations aligned with Circulate Capital Disrupt (CCD), the firm’s climate-tech strategy, and into the South and Southeast Asia recycling value chain, alongside the firm’s $112m Circulate Capital Ocean Fund (CCOF I). CCOF I-B is targeting a total raise of USD$80 million and is therefore in consideration with other investors, as recently disclosed by the International Finance Corporation (IFC).