Plastic Bank was started in 2013 by co-founders David Katz and Shaun Frankson. Their idea was to transform plastics into a form of currency for impoverished peoples. Katz initially came up with the idea for their model at an arcade, where people would trade in tickets for prizes. He took this idea to create a system in which that same kind of value would be applied to what people discard, effectively creating a currency, tradable for material goods or services. WebApr 13, 2024 · Humanity has produced over 9.5 billion metric tons of plastic. That’s over one metric ton, aka 2,200 pounds, per each of the Earth’s 7.9 billion inhabitants. That plastic doesn’t go away. “All the plastic we’ve ever produced since the inception of the material is still here,” said David Katz, Founder and Chairman of Plastic Bank, […]
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WebSep 19, 2016 · Plastic Bank monetises plastic collected by turning it into a currency that can be exchanged for cash, services or a menu of goods. At exchange banks collectors … WebIn many countries, walking down city streets vividly brings to life two serious problems: plastic pollution and poverty. While there are charities trying to address both of these concerns, serial entrepreneur David Katz in 2013 thought there was an opportunity to marry the two issues and build a profitable business out of it. easiest university to get into australia
David Katz, Founder and CEO of The Plastic Bank
WebMar 23, 2024 · David Katz, founder of Plastic Bank, shares his vision for a regenerative society built on grassroots recycling programs that help low-income regions build resilient communities.The Vancover, B.C., startup compensates more than 30,000 plastic recyclers in the Philippines, Indonesia, Brazil, and Egypt. http://breakthrough.unglobalcompact.org/briefs/plastic-bank-sea-spits-back-david-katz-shaun-frankson/ WebMay 6, 2024 · David is the founder and CEO of Plastic Bank, an internationally recognized solution to ocean plastic with global partners that include SC Johnson, Henkel, Procter & Gamble, Carton Pack and Advansa. ct weather killingworth