Plastic Solutions Fund’s Post

++ Strong Partnership: GoldenPeaks Capital and Reckitt have signed a 10-year Power Purchase Agreement in Poland ++ We announce with great pleasure a 10-year Power Purchase Agreement with Reckitt in Poland! GoldenPeaks Capital, a leader among independent power producers in Europe, is dedicated to empowering businesses in their journey towards carbon neutrality. GoldenPeaks Capital will deliver to Reckitt 20 gigawatt hours of carbon-free electricity per year, contributing to the company’s goal to power its operations with 100% renewable electricity by 2030. This is an equivalent to powering nearly 2,700 electric vehicle trips around the Earth's equator each year. And its carbon saving equals the yearly CO2 absorption of around 700,000 mature trees! Adriano Agosti, Founder and President of GoldenPeaks Capital says: “We are proud to partner with Reckitt, a leader in consumer health, hygiene, and nutrition, with over 200 years of history, contributing to its long-term ambition of net zero greenhouse gas emissions.” Learn more about GoldenPeaks Capital’s commitment to green energy transformation: https://lnkd.in/ee8aW-Jd #RenewableEnergy #CleanEnergy #Sustainability #GreenBond #GoldenPeaksCapital #Reckit

Did you know? Greenway Africa in partnership with The HEINEKEN Company, won the PETCO Awards 2024 for Recycling Partnership Gamechanger (joint winner). GreenWay Africa, in partnership with Heineken for Project Vuselela, focuses on the collection of recyclable packaging to support waste pickers’ livelihoods and promote sustainability. The KwaZulu-Natal project aims to ensure inclusivity and support for waste pickers, by facilitating efficient collection of waste materials from them and delivery to various buy-back centres around Durban. When waste reaches maximum capacity in waste pickers’ yards or designated group spaces, a truck is dispatched to collect from all of them. These interventions ensure seamless connections and trading between the buy-back centre and seller, overcoming transportation challenges by using the partners’ established transport network. Their holistic approach and impactful partnerships with Okhahlamba Municipality and the buy-back centres demonstrate commitment to making a positive social, environmental and economic impact in local communities. https://lnkd.in/dv8RNi_D #gamechanger #changemaker #recycling #glass #entrepreneurship #waste #packaging #petco #circulareconomy #sustainability

Building on years of implementing projects locally, engaging with the government and collaborating with partners for catalytic financing towards developing a circular economy for plastic, we’re pleased to announce that we’ve signed a letter of intent for a co-investment partnership with the Asian Infrastructure Investment Bank (AIIB) and Indonesia's Ministry of Public Works and Housing (MPWH). Together, we aim to improve solid waste management (SWM) services in select cities and districts in Indonesia by enhancing and developing waste management infrastructure. The collaboration is expected to benefit over 9 million people. By offering climate-aligned, circular economy-driven solid waste management services, it seeks to help build capacity for local and regional governments, and address livelihood concerns for informal waste workers. Learn more: https://bit.ly/45nDQ0Y #EndPlasticWaste #circulareconomy #wastemanagement #collaboration

Quarter after quarter we are delivering fully in line with our #GreenUp strategic program

Veolia reports solid revenue growth during the third quarter of 2024 - fully confirming its objectives for the year and for its #GreenUp 2024-2027 strategic program. #growth #performance #ecologicaltransformation

YRE continues to intensify efforts to encourage cooperatives as climate change agents, one of which is through the Green Cooperative Adaptation Readiness (GENCAR) project. In the first phase, project implementation from July to December 2023, to increase the institutional capacity of Cooperatives in Good Cooperative Governance and Gender Equality & Social Inclusion (GESI). These two topics have been implemented by the four assisted cooperatives through improving institutional documents (SOP, SOM, AD-ART, Strategic Plan) submitted to the Pre-RAT and RAT mechanisms. The series of training and mentoring activities for the four main cooperatives targeted by the project has now entered its second phase. At the beginning of May, Water and Waste Management Technology Best Practices training was provided, which also invited other cooperatives and was carried out for two days using a hybrid method. The activity entitled Training on the Practical Application of Appropriate and Environmentally Friendly Technology for Access to Clean Water and Waste Management for Institutional Businesses and Cooperative Members was held on 3 & 4 May 2024 in Salatiga, Central Java.   Eddy Sulistiyo, Head of the Central Java Cooperative Service Eddy Sulistiyo Bramiyanto, SE, MM opened the activity by explaining the context of cooperatives. He stated that cooperatives form to provide benefits to members, and one of the ideal functions was to control prices. Product downstream is important to increase the value of a commodity, so production cooperatives should do this. “There are approximately 180,000 active cooperatives in Indonesia, with a turnover of more than 300 trillion. Like it or not, it must be acknowledged that cooperatives have a significant role in driving the country’s economy, a huge potential that should be maintained. Therefore, the efficiency of operational costs must be considered. On the other hand, the cooperative governance system is more likely to function as a social engineering medium. For example, in Tuntang, there is a cooperative whose business unit processes organic waste into compost. Imagine if three to four cooperatives were operating in this field it’s going to be a problem again.” Read more: https://lnkd.in/gbwVXgwU #greencooperatives #adaptationreadiness #gencar #watermanagement #wastemanagement

Facilitating a Focus Group Discussion on Green Financing. Today, I, representing Greenwise Consulting, have just facilitated an FGD workshop on "Situation Analysis for Private Sector Mitigation and Climate Adaptation in Accessing Green Financing.". The workshop was led by Greenwise Consultants in coordination with the NDF-GCF Indonesia Secretariat, BKF Ministry of Finance, and GGGI (Global Green Growth Indonesia) and was centered around the theme of the role SMEs can play in moving towards sustainable financing solutions. It was attended by experts, professionals and regulators too. The workshop had a gathering of some highly esteemed participants from KADIN Trading House, PT Energy Management Indonesia, PT Perumda PAL Jaya, Asosiasi Modal Ventura Start Up Indonesia, CI Ventures, PT Sarana Multi Infrastruktur, and others. The objective was, among others, to get the contribution of the private sector, investors, and other stakeholder sectors embarking on a climate-green finance journey that matters for our shared future. The FGD discusses the important questions: 1. What are the drivers and barriers in the sector to access green financing? 2. What kind of business model works for green financing? (including instruments) 3. What recommendations are given to improve enabling conditions for the green financing ecosystem? This made for an interesting and knowledgeable discussion and sharing of experiences on the importance of the private sector in promoting green financing. This happened through having a specific topic discussion on 4 sectors, i.e. Water, Renewable Energy, AFOLU (Agriculture, Forest, and Other Land Use), and Food sectors, which are split in each breakout room for each sector. Every participant was full of great ideas and emphasized uniqueness with their perspective and expertise, making the process more dynamic by building up a richer strategy. We want to round off the workshop with this assertion; Greenwise Consult still aims to support the efforts targeted at increasing the private sector's participation in green financing. We are excited to announce many more new ideas about our future actions and targets, as we are getting closer to darkening the environmental picture and constructing a resilient environment. Tag: Agny Kiasatina, Lenny Hidayat, Andrew Wanandy, Fadlan Muzakki, Viriya Paramita #GreenwiseConsulting #FocusGroupDiscussion #GreenFinancing #SituationAnalysis #StakeholderEngagement

As Indonesia takes the lead in green investments in ASEAN, businesses have a unique opportunity to ride the wave of sustainability. Whether it's recycling, renewable energy, or sustainable agriculture, the time to transform your business is now. Unsure where to begin? Visit our website for insights and opportunities! #GreenInvestment #SustainableBusiness #IndonesiaLeads #RecyclingIndustry #EcoFriendly #BusinessTransformation #GreenEconomy

Companies with strong ESG practices can outperform their peers by up to 5.2% over the long term 📈. In Indonesia, the momentum is building. Over 80 companies on the Indonesia Stock Exchange have already met ESG standards, signaling a powerful shift towards responsible and ethical business practices. This rise in ESG-based companies is more than just a positive step; it's a transformation that’s reshaping how we define success in the corporate world. However, let’s be honest: implementing ESG is not without its challenges. It requires commitment, resources, and a long-term vision. But here's the catch—it should be seen not as an expense but as an investment in resilience, reputation, and future growth. A McKinsey report even found that strong ESG propositions correlate with better financial performance, a more robust competitive edge, and enhanced shareholder value. One of the most impactful and actionable steps businesses can take is transitioning to renewable energy sources, particularly solar power. Did you know that solar energy could reduce greenhouse gas emissions by up to 1.6 billion metric tons annually by 2050? 🌱 Not only does this contribute to a cleaner environment, but it also offers financial benefits—companies can substantially reduce their energy costs over time. Moreover, solar power helps conserve water, an often-overlooked benefit in water-scarce regions. By investing in solar, businesses are not just addressing their energy needs; they’re actively participating in creating a sustainable, healthier future for Indonesia. And the timing couldn't be better. Indonesia is moving forward with regulations that encourage renewable energy adoption. The government’s ambitious target of 23% renewable energy use by 2025 under the National Energy Policy (KEN) aligns perfectly with the global push for sustainability. This regulatory support further emphasizes that transitioning to solar power is not just a smart business decision but also a move in line with national policy priorities. So, why wait? Embrace solar solutions today and position your business at the forefront of the green revolution. Let’s build a brighter future together. #SolarSolutions #lebiHIJAU #RenewableEnergy #Sustainability #ESG #Indonesia #GreenBusiness #FutureOfEnergy #Regulation