FPXII X PLASTIC BANK
Learn more about our partnership with Plastic Bank, and how we are fighting plastic pollution.
October 8, 2020
e created Future Prosperity due to one statistic from the Ellen McArthur Foundation: A staggering 8 million tonnes of plastic leaks into the ocean every year, and we will have more plastic in the ocean than fish by 2050 if we do not change course.
While eco-anxiety can wash over us with despair, we believe it is important to face the facts to find solutions. The first iteration of FPXII was a 12 step program to curb our plastic addiction. The evolved concept is what you see in our marketplace today. We wanted to find products we believed in that returned back in a circular system. During the process we learned about the market barrier that keeps these products from being mainstream and the connection between plastics and the Keep it in The Ground movement, While turning off the tap to oil production is the ultimate solution, we began exploring partnerships to clean up what we’ve already discarded.
In our endless hours of deck building, team meetings, and social networking, we stumbled across Plastic Bank. I remember the surge of excitement we felt as we realized the exact partners we wanted existed and were already flourishing- helping people from all over the world.
Now, let us break down who Plastic Bank is so you can get as inspired as we are.
Plastic Bank creates social and environmental impact in areas with high levels of poverty and plastic pollution by turning plastic waste into a currency. Plastic is collected and returned for a premium: In cash, digital currency, personal necessities, school tuition, cell service, electricity and other necessities based on local needs. The recovered plastic is reborn into the economy as Social Plastic, a safely recovered raw material ready to use in the production of new products for the global economy. They make plastic too valuable to become ocean pollution, which is exactly how we should see plastic. It is a valuable resource we can’t just dump.
Plastic Bank currently has plastic recovery ecosystems in Brazil, the Philippines, Indonesia, Haiti and Egypt. Soon thye will launch in Colombia, Dominican Republic, Thailand, and Vietnam. The company directly impacts 14 of the 17 Sustainable Development Goals established by the United Nations.
In our current world, it is easy to fall into nihilism, letting the weight of the harsh truth keep us from looking up. We believe that we can put the oil companies to sleep, clean our earth from the harsh toxins we thought we needed, and create a prosperous future.
Plastic Bank is one of the many heroes we’ve met on our regenerative journey, and we’re honored (to say the least) to be their partners. We look forward to years of working together to prevent ocean bound plastic from entering our oceans and working to relieve poverty in areas devastated by our plastic waste. Plastic consumption in the world we knew we needed to also tackle the already plastic waste polluting our oceans and lands. Was there a way for people to profit off of helping us clean up the mess humanity has made? In our endless hours of deck building, team meetings, and social networking, we stumbled across Plastic Bank. I remember the surge of excitement Vanessa and I felt as we realized the exact partners we wanted existed and were already flourishing- helping people from all over the world.