IFC Regional Initiative for Industrial Plastic Sector Investment

Enriched International · Found: 2026-03-11 10:50

IFC initiative to accelerate investment-ready projects in the industrial plastic sector and provide firm-level support to reduce single-use plastics in developing markets.

Source: https://ifc.org/en/pressroom/2026/ifc-launches-regional-initiative-to-accelerate-investment-ready-industrial-plastic

Funding Details

Deadline

Not applicable — IFC firm-level technical assistance programme, not open grant call (Unknown)

Contact

Patricia B. de Carvalho, Communications Officer Brazil, São Paulo — +55 (11) 5185-6873 — pcarvalho@ifc.org

Last Checked

2026-03-15 11:51

Application Checklist

Eligibility

• Applicant must be a private-sector company: plastic user, converter, or key value-chain actor in the industrial plastics sector
• Operations must be based in Brazil or another country in Latin America and the Caribbean

Project Scope

• Company must be willing to quantify its virgin plastic baseline and model circularity reduction pathways
• Projects must focus on industrial-scale plastic circularity, not only consumer-facing or municipal waste collection

Required Documents

• Company-level data on plastic consumption and supply chain flows must be available for baseline assessment

Constraints

• Initiative is not an open call — participation is by selection via IFC and BlackForest Solutions piloting process
• NGOs, non-profits, and membership organisations are not the intended beneficiaries; target is private sector industry actors

Historical Context

IFC launched the Harmonized Circular Economy Finance Guidelines at the World Circular Economy Forum in Brazil in May 2025. Cumulatively, IFC has committed over $1.9 billion and mobilized nearly $500 million from co-investors to circular economy projects across emerging markets. The $1.9 billion figure is an estimate based on application of those guidelines as of September 2025.

Why it was added

Africa plastic recycling social enterprise funding

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