Lombard Odier Investment Managers have announced that the Constitutional Reserve Fund of Monaco has committed to invest $20 million in its new Plastic Circularity strategy.
The Plastic Circularity strategy targets key themes such as collection and sorting infrastructure, recycling facilities, material design and production solutions to improve recyclability as well as new usage patterns that extend the life of plastics through reusing, refilling or repairing plastic items.
These strategies contribute directly to the establishment of a low-carbon circular economy for plastics, the Swiss investment bank said.
PHOTO: Lombard Odier’s Geneva HQ
