In April this year, Infinity Recycling announced the successful closing of a new round of commitments to their Circular Plastics Fund. The Luxembourg-registered Circular Plastics Fund (CPF) has an initial target size of 150 million Euros, which is an Article 9 “dark green” impact fund, under the EU’s Sustainable Finance Disclosure Regulation. Its investments aim […]
EuRIC reiterates its strong support for economic incentives as a powerful tool for the transition to a circular and climate-neutral economy. Fiscal instruments are no exception. Thus, EuRIC warmly welcomes the proposal made by the Czech Republic to the Council to explore lower VAT rates for products made of recycled materials and recyclates. Replacing extracted […]
Following first compromise proposals on the Packaging and Packaging Waste Regulation (PPWR) by the European co-legislators, the European Recycling Industries’ Confederation (EuRIC) is making an urgent plea to EU decision makers for ensuring that the PPWR delivers on closing the loop. While EuRIC strongly supports amendments for mandatory collection targets and recycled content third party […]
The European project TRANSFORM-CE, funded by Interreg North-West Europe, has presented a tool to transform single-use plastic into new products for a circular economy. The Navigation Tool results from a three-year project, in which international partners from Belgium, Germany, the Netherlands and the United Kingdom collaborated to recycle high-value and low-value household plastic waste streams. […]
In March, the European Investment Bank (EIB) published a new study titled “Cutting plastics pollution – Financial measures for a more circular value chain”. The authors have analyzed the inefficiencies of the plastics value chain and their solutions in the European Union. Furthermore, they examined ten root causes of the plastic waste problem and identified […]
EIB Global, the arm of the European Investment Bank (EIB) for activities outside the European Union, has signed a 70 million Euro EU investment grant with the government of the Republic of North Macedonia to build a wastewater treatment plant in Skopje. Signed on World Water Day in March, this is the largest EU investment […]
In March this year, AllianceBernstein Holding L.P. (AB) and AllianceBernstein L.P., a leading global investment management and research firm, announced the launch of three new active exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). Global liquidity provider Citadel Securities would be the Lead Market Maker on these products, “bringing extensive industry experience and […]
In March this year, the New Zealand Ministry for the Environment published a new waste strategy for the country. The document results from several initiatives including a consultation process, in which the New Zealanders could have their say on proposals to bring the country’s recycling systems up to standard. Furthermore, the strategy had been prepared […]
The new standard is intended to authenticate and incentivize recycling activity globally, enabling organizations to receive recycling credits and meet sustainability targets using the blockchain. Following a landmark signing during the United Nations Environment Program’s Second Session of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-2) from 29 May to 2 June this year in […]
EuRIC reiterates its strong support for economic incentives as a powerful tool for the transition to a circular and climate-neutral economy. Fiscal instruments are no exception. Thus, EuRIC warmly welcomes the proposal made by the Czech Republic to the Council to explore lower VAT rates for products made of recycled materials and recyclates. Replacing extracted […]