BRIDGING THE FINANCING GAP FOR PLASTICS CIRCULARITY INFRASTRUCTURE THROUGH BANKABLE PROJECTS, POLICY, AND KNOWLEDGE SHARING

Led by the Global Green Growth Institute (GGGI), this project addresses critical financing gaps in plastic waste management across the Mekong region. Rapid urbanization and economic growth have significantly increased plastic waste, much of which remains mismanaged—ending up in open dumpsites, landfills, or leaking into the Mekong River. This pollution poses serious threats to ecosystems, public health, and local economies, particularly for communities dependent on fisheries, agriculture, and tourism.To support the transition toward a circular plastic economy, the project focuses on mobilizing financing for middle- and downstream waste management solutions, such as recycling infrastructure and recovery facilities. It will develop two bankable plastic waste management projects, generate practical policy recommendations, and facilitate regional knowledge sharing. By strengthening financing capabilities and enabling scalable solutions, the projectcontributes to ASEAN’s circular economy goals and aligns with the Mekong–ROK Cooperation Fund (MKCF) priorities on environmental protection and sustainable development. It also reinforces regional cooperation between the Mekong countries and the Republic of Korea. Read more...