Seattle based tech and retail giant, Amazon, is to invest $10 million in Closed Loop Fund to support recycling infrastructure in the United States.
Closed Loop Fund is a social impact investment fund that provides cities and recycling companies access to the capital required to build comprehensive recycling programs. It aims to invest $100 million by 2020
Amazon said that its investment will increase the availability of kerbside recycling for 3 million homes in communities across the country, making it easier for customers to recycle and further develop end markets for recycled commodities.
