Asia | June 2, 2020

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

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

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.

Aavishkaar-backed Nepra also leverages the informal waste worker economy to boost recycling in India.