IFC Circularity Plus Initiative

Enriched International · Found: 2026-03-11 12:58

IFC has committed over $1B to circular economy projects. Circularity Plus accelerates investment-ready industrial plastic circularity, focusing on waste-to-value solutions, recycling, and sustainable manufacturing with advisory services.

Source: https://www.ifc.org/en/what-we-do/sector-expertise/infrastructure/waste-management/ifc-circularity-plus

Funding Details

Contact

Nuru Lama, Global Lead for Waste and Circularity: NLama@ifc.org | Nadine Ghannam, Senior Communications Officer, Global Infrastructure (Washington D.C.): nsghannam@ifc.org, +1 (202) 473-3011 | General Inquiries: disclosures.ifc.org/inquiries

Last Checked

2026-04-20 09:58

Application Checklist

Eligibility

• Applicant must be a private-sector waste management company or municipality — non-profit organizations are not the primary target audience
• Operations must be located in IFC-eligible developing or emerging-market countries

Project Scope

• Project must be investment-ready or near investment-ready; grants are not available — financing is through debt, equity, or concessional instruments
• Project scope must fall within one of the four focus areas: integrated waste management, energy recovery from waste, recycling infrastructure, or new circular revenue streams (including plastic credits)
• Plastic recycling and e-waste recycling projects are eligible under the current advisory engagement areas

Required Documents

• Prepare a business/investment plan demonstrating commercial viability and development impact

Constraints

• IFC mandates environmental and social due diligence under its Performance Standards — applicants must demonstrate compliance capacity
• Advisory services are available as a complement to investment; standalone advisory-only engagements may be limited

Historical Context

IFC has committed over $1 billion to circular economy projects to date. Select investments include Eneris (Poland, 2025), TWM Group (Papua New Guinea, 2025), Greenback (Mexico, 2024), Orizon (Brazil), Averda (Middle East and Africa), T&J Green (Vietnam), Elemental Holding (Poland), and Beo Čista Energija (Serbia). Financial support has come from FIAS and the Government of Japan.

Why it was added

IFC $1B+ commitment to circular economy with specific plastic circularity focus

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