Be a part of us for an impassioned dialog in regards to the potential for recycling progress with David Katz, founding father of Plastic Financial institution. He joined us earlier this yr and returns to share an replace in regards to the firm’s progress. Plastic Financial institution is a social enterprise that companions with client merchandise firms to create incentive packages in Southeast Asia, Latin America, and Africa that assist stop plastics from reaching waterways, seas, and the ocean. The corporate has partnerships with SC Johnson, Henkel, and others. It pays people in rising economies to gather plastic and switch it in at greater than 600 department places. The collected plastic is recycled to make Social Plastic® feedstock, a uncooked materials for making new plastic merchandise.
David additionally discusses the current Greenpeace report that argues plastic recycling, together with new molecular recycling applied sciences, doesn’t work — it’s an overstatement in our opinion, however the system undoubtedly wants an improve.
David’s evaluation of Greenpeace’s conclusion: “Disgrace on them. It’s one factor to say it doesn’t work. It’s one other to say, ‘Let’s make it higher.’” So what can we do? He advocates lowering the usage of plastic total, standardizing any vital single-use plastic on recyclable supplies, and that manufacturers and society discover a approach to compensate folks to gather and recycle the plastic we do use. Making the recycling system work could require incentives — however solely 10 states have bottle payments that present small funds for returning plastic bottles. We speak about what might be realized from Plastic Financial institution’s work in rising economies. In addition to lowering our consumption of single-use plastic packaging, new laws or non-public help is required to show the nook.
You’ll be able to study extra about Plastic Financial institution and subscribe to help assortment packages that maintain plastic out of waterways and oceans at plasticbank.com.