plasticfinance
Plastic Financing: Recycle, Reuse, Prosper According to the United Nations, we throw away more than 2 billion tons of waste every year. Global waste could grow to 3.40 billion tonnes by 2050, more than double the population growth over the same period. The average amount of waste generated per person per day is 0.74 kilograms but ranges from 0.11 to 4.54 kilograms. By 2050, these figures could increase by 40% in low- and middle-income countries and 19% in high-income countries. THE PROBLEMS WE FACE There are two issues we want to address. The first is about inefficient recycling systems that prevent people from living in a circular economy. the second one is about an essential but poor community of waste. INEFFICIENT RECYCLING SYSTEMS Hinder the CIRCULAR ECONOMY Recycling waste is a form of wealth creation. This can spur grassroots investment by the poor, create jobs, reduce poverty, save cities money, increase industrial competitiveness, conse...