The Closed Loop Fund has has revealed its first projects in Ohio, Iowa and Baltimore as it seeks to boost dismal US recycling rates
A consortium of 10 of the US’s largest corporations – including Walmart, Coca-Cola and Johnson & Johnson – has announced three new projects designed to boost dismal recycling rates in the US.
Just 34% of waste in the US is recycled, placing it well behind other developed countries such as Switzerland, which recycles more than 50% of its waste. Outdated facilities and technologies are partly to blame, as is a lack of access to something as simple as a recycling bin in many parts of the country.
Related: Why the US recycling industry is feeling down in the dumps
Related: Recycling fund from Walmart, P&G and others passes the buck on responsibility
