Finnish Climate Fund provides €4.2 million loan to Wastewise for hard-to-recycle plastics reuse
The global surge in plastic waste generation over the last two decades has become a significant environmental concern, with only a meager 10% of plastic waste being appropriately recycled. Finland's Climate Fund is taking a proactive stance in addressing this issue by approving a €4.2 million capital loan for Finnish Wastewise Group Oy. The loan will be instrumental in funding the company's facility investment program, which aims to substantially increase the reuse of hard-to-recycle plastics.