Closed Loop Infrastructure Group
PACE Partners Closed Loop Partners, the Coca-Cola Company, Procter & Gamble and Unilever are contributing to the following Calls to Action from the Circular Economy Action Agenda
Support Manufacturers to Increase Sourcing of Secondary Components (Capital Equipment, CTA 8)
Strategically Plan Sorting and Recycling Facilities, in Compliance with Trade Regulations (Plastics, CTA 7)
The Closed Loop Infrastructure Group (CLIG) aims to build a circular economy supported by strong infrastructure that ensures all valuable materials – from plastics to paper, glass and aluminium – are recovered after use, kept in circulation and never go to waste. CLIG funds replicable, scalable and sustainable recycling and circular economy infrastructure projects across collection, sortation, processing and new technologies in recycling. Each of the funds in the Infrastructure Group invest alongside one another to bridge existing financing gaps, scale solutions and build on synergies across the funds’ networks to scale circular economy infrastructure across North America.
Objectives for 2021
In 2021, the Closed Loop Infrastructure Group will undergo third-party verification of impact processes and performances and continue to support investees in its Closed Loop Beverage Fund and Closed Loop Infrastructure Fund. The Group also launched the Closed Loop Circular Plastics Fund as an industry-led investment fund that provides catalytic ﬁnancing to build circular economy infrastructure, upgrade recycling facilities and spur technological innovations to source, process and return post-consumer and post-industrial polyethylene (PE) and polypropylene (PP) plastic into manufacturing supply chains in the U.S. & Canada for use as feedstock for future products and packaging.
Closed Loop Partners, the Coca-Cola Company, Procter & Gamble and Unilever (PACE Partners)
3M, Colgate Palmolive, Johnson & Johnson Consumer Health, Keurig Dr. Pepper, PepsiCo, The Walmart Foundation, Amazon, Danone North America, Danone Waters of America, Nestlé Waters North America, Starbucks, DOW, Lyondellbasell and Nova Chemicals