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This Startup is turning tons of plastic trash into treasure in the Philippines

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By Lucidity Insights Research Team • January 13, 2024

This Startup is turning tons of plastic trash into treasure in the Philippines

The 'sachet economy' in the Philippines, fueled by rising consumerism and low disposable income, generates over a third of the world's marine plastic waste, as billions of small, single-use plastic sachets contribute to environmental havoc. In response to this crisis, Green Antz, a startup since 2013, has been dedicated to tackling the Philippines' plastic pollution, offering solutions and initiatives to address the environmental impact of discarded plastic sachets. Follow their journey and milestones in this video.

Also Read: Green Antz: Leading the Fight Against Plastic Pollution

The Business of Impact Investing in 2023

Impact investing is a form of investing that believes that every dollar invested can make a difference, while producing a profit. Over the past 20 years, impact investing has undergone a remarkable evolution, driven by a confluence of societal, economic, and technological factors. These influences have propelled impact investing into a crucial mechanism for addressing societal needs, traditionally the domain of public funding. In 2022, the impact investing market sat at US$1,146 billion, growing at a healthy compounded annual growth rate (CAGR) of 29% over the last four years. This special report features interviews with thought leaders in the impact investing space, and offers an insightful perspective on the current and future state of impact investing, its challenges and opportunities, and highlights case studies of investors, social enterprises, and the impact they are having on the world.

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