By Geoffrey on July 18, 2018
On July 18, 2018 GreenBiz reported that Closed Loop Fund announced “a new venture, Circulate Capital, to invest in companies, innovations and projects that prevent marine plastic waste originating in Asia.
Like Closed Loop, which was founded in 2014 to invest in recycling infrastructure in order to put more recycled materials back into manufacturing supply chains, Circulate Capital, which is an independent spinout, will focus on jumpstarting waste management and recycling infrastructures — in this case, in South and Southeast Asia.”
You may read the article on the GreenBiz internet site.
Posted in 2018, Asia, Sustainability
By Geoffrey on July 12, 2018
On July 12, 2018 GreenBiz reported that Apple and ten partners have committed $300 million to a clean energy fund aimed to develop renewable energy in China. DWS Group, a Deutsche Bank subsidiary will manage the fund, vet and select projects to be financed.
According to the article, the partners “include aluminum enclosure maker Catcher Technology, iPad assembler Compal Electronics, packaging supplier Golden Arrow, Jabil, accessory company Luxshare-ICT, iPhone assemblers Pegatron and Wistron, materials maker Solvay, and antenna and enclosure manufacturer Sunway Communication. Glassmaker Corning Inc. also has stepped up to put skin in the game.”
You may read the article on the GreenBiz internet site.
Posted in 2018, China, Finance, Sustainability