A regional coalition, led by UNEP, will support access to financing by the public and private sector, with special emphasis on SMEs — to foster innovation and the implementation of specific projects in the region. The United Nations Environmental Programme (UNEP) has launched a regional coalition that aims to support Latin America and the Caribbean (LAC) transition to a circular economy. As the region continues to grapple with the economic impacts of the COVID-19 pandemic, a circular economy transition offers new and better growth opportunities to build a resilient and low-carbon economic recovery.