The Plastic Bank is turning plastic waste into a currency that can be exchanged to help lift people out of poverty & transition them into a self-sustaining life of entrepreneurship.
This amazing concept is the creation of David Katz, his dream was to find a way to help end poverty and to rid the world of ocean plastic.
David realized he simply needed to “Reveal Value in Plastic” and make it become too valuable to throw away.
The Plastic Bank’s waste plastic exchange system will help prevent ocean bound plastic waste from being dumped into the rivers and waterways by making it too valuable to throw away. The Plastic Bank’s goal is to lead the movement towards a worldwide demand or the use of Social Plastic in everyday products.
Their mission is to enable both education and opportunity for people in the community to exchange recyclable plastics for credits that can be used to buy basic necessities.
The Plastic bank believes that not only is it possible to eradicate poverty and waste plastic but also to create a new wave of entrepreneurialism in the world.
The bank will begin changing the world in May 2014 with the Official Launch of the first Plastic Bank in Colombia and Peru.
Find out more about the Plastic Bank in this short introduction video: plasticbankvideo