def METHOD_NAME(loop: asyncio.AbstractEventLoop) -> None:
    """Cancel all pending tasks on `loop`, wait for them, and close the loop."""
    try:
        # This part is borrowed from asyncio/runners.py in Python 3.7b2.
        to_cancel = [task for task in asyncio.all_tasks(loop) if not task.done()]
        if not to_cancel:
            return
        for task in to_cancel:
            task.cancel()
        loop.run_until_complete(asyncio.gather(*to_cancel, return_exceptions=True))
    finally:
        # `concurrent.futures.Future` objects cannot be cancelled once they
        # are already running. There might be some when the `shutdown()` happened.
        # Silence their logger's spew about the event loop being closed.
        cf_logger = logging.getLogger("concurrent.futures")
        cf_logger.setLevel(logging.CRITICAL)
        loop.close()