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New Firm to Invest in Solutions to Prevent Ocean Plastic

July 19, 2018

Via: Waste360

Circulate Capital, a new investment management company, has recently launched in partnership with Closed Loop Partners and Ocean Conservancy. Led by Rob Kaplan, co-founder of Closed Loop Partners, Circulate Capital will invest in companies, innovation and projects that prevent plastic from leaking into the ocean, with special emphasis on South and Southeast Asia.

According to the company, scientists estimate that more than half of the 8 million metric tons of plastic that flow into the ocean every year come from developing countries in the region where waste management has lagged behind rapid economic growth.

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