Types of Plastic: Guide to Different Plastic Types Plastics are an extremely useful and flexible material. Because of this we often use plastics in our daily lives without giving them a second thought. One of the things that is overlooked when it comes to plastic types (although general awareness is growing) is that not all plastics are created equal when it comes to the environment. This means that some plastic types are responsible for more of the environmental damage that is happening in the world than others. Knowing how to identify the different plastic types is important for consumers ..read more

How Fast Fashion is Bad for the Environment Yves Saint Laurent was once quoted as saying, “fashions fade, style is eternal.” Sadly, with the arrival of the fast fashion movement, fashion these days does not have a chance to fade, it is almost immediately replaced with something new, as quickly as it arrives. Coupled with the immediacy of social media, the need to appear relevant, and to have all the latest things, fashion has morphed to meet the demands of the consumer. Unfortunately, with the high turnover in fashionable clothing and the latest trends there is a devastating environmental c ..read more

WORLD BANK / PRESS RELEASE: World Bank’s New Outcome Bond Helps Communities Remove and Recycle Plastic Waste WORLD BANK PRESS RELEASE: WASHINGTON, January 24, 2024 The World Bank (International Bank for Reconstruction and Development, IBRD) today priced a seven-year $100 million, principal-protected Plastic Waste Reduction-Linked Bond. This innovative bond provides investors with a financial return linked to Plastic Waste Collection Credits, Plastic Waste Recycling Credits (collectively, plastic credits), and Verified Carbon Units (carbon credits) expected to be generated by two projects. T ..read more

World Bank Plastic Waste Reduction-Linked Bond QUESTIONS & ANSWERS How does the bond work? The Plastic Waste Reduction-Linked Bond is a USD 100 million 7-year principal protected bond issued by the International Bank for Reconstruction and Development (“IBRD” or the “World Bank”) with a unique feature, whereby the return for investors is linked to the issuance and monetization of Plastic Waste Recycling Credits, Plastic Waste Collection Credits (collectively known as Plastic Credits), and Verified Carbon Units (“VCUs”) from two plastic waste collection and recycling projects in Ghana ..read more

World Bank Press Release: Tackling the Plastics Pollution Crisis by Channeling Private Capital to Projects that Reduce Plastic Waste Washington, D.C., January 24, 2024  Of the nearly 350 million tons of plastics that are produced annually, about 70 percent end up in managed landfills or are incinerated, about 10 percent is recycled and the remaining 20 percent simply escape into the environment. According to the OECD, nearly 1.7 million tons of this plastic ends up in the oceans, and if evenly distributed, would create a wall of plastic waste that one would have to climb over to access ..read more

Plastic Collective attracts landmark fundraising to tackle plastic pollution London, Washington DC, January 24, 2024 Plastic Collective, a leading social enterprise focused on solving the plastic waste epidemic, is pleased to announce it will receive funding through an innovative and transformational sustainable development outcome bond, issued by The World Bank, for two plastic waste collection and recycling projects in Ghana and Indonesia. World Bank press release. This innovative bond provides investors a financial return linked to Plastic Waste Collection Credits, Plastic Waste Recyclin ..read more

Plastic Collective’s to Pledge to Improve Welfare of Plastic Waste Collectors in Emerging Nations For almost eight years Plastic Collective has been working with remote and vulnerable communities around the world to address the plastic waste crisis where plastic leakage into nature is most extreme and destructive. Siblings Louise, Stephen and Dianne Hardman founded the business to address mismanaged plastic waste that leaks into oceans and nature and goes unrecycled into landfill and incineration. Plastic Collective supports projects that collect and recycle plastic in emerging nations with ..read more

What is the Global Plastics Treaty? The Plastic Pollution Crisis The plastic pollution crisis began in the late 20th century when plastic waste increased exponentially and scientists in the 1970s began to see its effects on the environment. Plastic was a material that was once thought of as being the perfect material due to its flexibility as a manufacturing material, along with its cheap production cost. Unfortunately, we now know that while plastic is an extremely useful material due to its longevity and flexibility, it comes with what once was an unforeseen price. This price being the amo ..read more

New ghost net & marine debris artwork digital marketplace set up to support indigenous women of Cape York Wei’Num Aboriginal Art and Craft Corporation based in Northwest Cape York, have co-designed an Ocean Arts program called ‘Hunter Gatherers Mamas’ with Plastic Collective (PC) and Charles Sturt University (CSU), to transform marine litter into valuable artworks. Supported by a new online marketplace, tailored training and essential repurposing equipment to produce artworks from ghost net and marine debris, this programme facilitates women in remote communities in Northern Australia t ..read more

Plastic Pollution Facts, Data and Statistics – Plastic Collective Plastic has permeated every aspect of human life due to its durability, versatility, and affordability. However, the convenience of using plastic comes at a steep environmental cost. The reality of plastic pollution extends beyond littered beaches and overflowing landfills. It impacts the ecosystem we depend upon. The aftermath of this man-made material is now an issue of great concern, which demands both attention and action.   The Plastic Pollution Crisis The gravity of the plastic pollution crisis is hard to comprehe ..read more