Target: David Katz & Shaun Frankson, Founders of Plastic Bank
Goal: Applaud organization for revolutionary recycling program that aims to reduce plastic pollution and fight poverty
Plastic Bank is a new organization with a goal to reduce the world’s plastic pollution while simultaneously bringing people out of poverty. Founder David Katz and co-founder Shaun Frankson plan to achieve this goal by establishing “repurposing” centers in areas of the world where plastic waste and poverty are in abundance. Citizens can collect recyclable plastic from the land or ocean, bring them to these centers, and trade plastic for education credits, food, household items, and even micro-funding loans. The company plans to provide the citizens with 3-D printers where they can manufacture items using recycled plastic and the entrepreneurial skills they require to sell these items. The recycled material will also be used to manufacture goods for businesses that choose to use a more eco-friendly plastic.
The world produces more than 200 million pounds of plastic a year, and nearly 10 percent of it ends up in oceans. In fact, the world’s largest landfill is in the Pacific Ocean. The plastic pollutants that constitute for the majority of the ocean’s trash are extremely harmful to marine wildlife and the ecosystem in general. People do not realize how valuable plastic is, but according to Katz, when measured pound for pound, it is more valuable than steel. Furthermore, using recycled plastic instead of virgin materials for manufacturing is much better for the environment because it reduces greenhouse gas emissions. This organization’s efforts can help prevent plastic pollution from washing into the sea, reduce greenhouse gas emissions, and improve living conditions in impoverished areas.
Plastic Bank is expecting to open its first locations in Peru and Colombia in mid-2014 and plan to expand its vision to all impoverished countries of the world. Applaud Plastic Bank for implementing a revolutionary recycling program that has the potential to have a major global impact on plastic pollution and improve the lives of many people in poverty.
Dear David Katz & Shaun Frankson,
I applaud you for enacting a system that combines two important issues that are often overlooked: pollution and poverty. Your organization’s efforts to reduce the world’s plastic pollution while helping lift people from poverty is a revolutionary way to begin to tackle both issues. Thank you for being considerate about the potential for corruption in offering cash for plastics by instead offering the building blocks to sustainability and success.
Please continue your efforts to encourage businesses to use recycled plastic instead of virgin materials. As you may know, recent studies show that it is important that we significantly reduce our greenhouse gas emissions in order to lessen the negative effects of climate change. By promoting the use of recycled plastic, you are also promoting the conservation of our planet. I look forward to watching your organization expand its environmental and humanitarian efforts to other impoverished communities around the world.
[Your Name Here]
Photo Credit: Jonathan McIntosh via Wikimedia Commons