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Taking On Trash By Converting Plastic To Currency

Posted on 03 January 2014

Go to many beaches in the developing world and you'll see the same thing: piles of plastic garbage on the sand or in the water. Plastic pollution is a global problem, and an intractable one. People rely on plastic because it's cheap. But none of it decomposes, and, often there's no formal recycling service.

Vancouver entrepreneur David Katz's solution: Give people incentives to collect garbage by creating value from the waste. In other words, make plastic pollution a "currency." Katz's organization, Plastic Bank, has a plan to set up recycling facilities in poorer countries, where locals can exchange plastic for a range of useful items and services.

Read the orignal post by fastcoexist.com

Screen shot 2014-01-03 at 4.06.32 PM

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