The expansion of Project STOP is another important step in SYSTEMIQ’s efforts to prevent plastics entering the ocean.
The UK Department for International Development (DFID) has announced £2.1 million in aid to protect endangered wildlife and create thousands of sustainable jobs. Partnerships for Forests and SYSTEMIQ will provide commercial and strategic expertise to the projects in Bukit Tigapuluh and to manage the investment pipeline in Indonesia.
NOVA Chemicals today announced a three-year investment in support of Project STOP of nearly $2 million (1.5 million EUR) to prevent plastic debris from reaching the ocean. Project STOP is a new global initiative to design and implement solutions to reduce marine plastic pollution especially in countries with high leakage of plastics into our oceans.
Jeremy Oppenheim, founder of SYSTEMIQ, moderated an insightful and action-oriented roundtable at the GEF 6th Assembly in Da Nang, Vietnam in June. The session sought to convey to audience members the huge opportunity offered by the GEF’s recent allocation of $500 million to the Food Systems, Land Use and Restoration Impact Program.
SYSTEMIQ was founded on the principle that positive disruption is required to combat climate change. We plan to deploy $20-40m over the next 3 years and are looking for early-stage companies who share our mission-driven agenda. If you share our mission, fit our criteria and are raising money, please reach out to us.