Exploring financial opportunities for plastic actions is the main topic brought on at the regular meeting of the NPAP Innovation and Financing Task Force this month. Both the Alliance to End Plastic Waste (AEPW) and the PricewaterhouseCoopers (PwC) Viet Nam introduced their unlocking channels through project funding and Climate Finance Accelerator (CFA) to the task force members and observers. AEPW offers investment opportunities for three kinds of projects: flagship, early impacts, and solution building blocks to support plastic waste collection, segregation, and recycling, while the CFA focuses on supporting innovative entrepreneurs who wish to scale up and advance their solutions or products with a minimum financial plan of US$5 million. The CFA offers only a range of support for climate mitigation projects in accessing finance, but not direct financing. The task force members also heard a presentation on how NPAP Indonesia is using its financing roadmap to develop the NPAP work plan and discussed further the proposal to develop a financing roadmap for plastic actions in Viet Nam until 2030.

https://www.pwc.com/vn/en/services/deals/cfa-programme.html