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Plastics for Change backs India’s informal workers to divert plastic waste

ImpactAlpha, June 2 – Recycling company Plastics for Change sources landfill- and ocean-bound plastic waste from informal workers through a tech platform designed to ensure fair prices for the collectors. The company has raised a $2 million round, led by Mirova Natural Capital, which backed the company through the Althelia investment group it acquired last year.

ANDE’s Advancing Women’s Empowerment Fund awards $1.2 million

ImpactAlpha, June 1 – ANDE’s Advancing Women’s Empowerment Fund, backed by USAID and the Visa Foundation, sought innovative ways to bridge the estimated $320 billion annual gap in access to finance for women-led small and growing businesses in developing countries. Eight winning programs, out of more than 180 applicants, will each receive up to $150,000