The ocean plastic crisis has been decades in the making and is poised to get much worse if dramatic changes are not made. Governments, businesses and the environmental community have been noticing and taking action for decades, but much more is needed to end ocean plastic. Certainly, the body of science on ocean plastic is growing, and it is important to remain open to new developments as they become available. This playbook shows there are interventions that can work now and allows decision-makers to make informed choices.
Case studies from Dhaka/Bangladesh, and Jakarta/Indonesia in tackling their plastic waste. The women societies in Dhaka was taught to upcycle plastic waste into products such as vases. Meanwhile in Indonesia, the laundry industry uses lots of plastic packaging for their detergent. TU-Delft university has provided solution which is Sabumi – a detergent refill system which is compact, stackable, suitable for the laundry industry condition in Indonesia.
Best practice of circular economy in Skanderborg Kommune, is to build communities that tries to promote carpooling ‘share a car’ with the government helps to accommodate the trend by establishing carpooling stops, recycling bricks and repair cafes, as well as teaching recycling practices on children as early as possible.
SIKLUS has created a solution for sachet problem in Indonesia, which is a Refill System especially for household items such as detergents, shampoo, soap. Customers buys in container which saves them money until 10%. Siklus partnered with local business owners by providing refill stations in their store, as well as providing mobile refill trycycles for end-customers.
The businesses, which are members of the Packaging and Recycling Association for Indonesia’s Sustainable Environment (PRAISE), initiated the Packaging Recovery Organization (PRO) to seek ways to speed up the implementation of the circular economy, from waste collection to recycling.
PEMBONGKARAN muatan truk terakhir di Bank Sampah Induk Gesit di kawasan Menteng Pulo, Jakarta Selatan, pada Senin, 27 Januari lalu, serba bergegas.
Homegrown plastic recycling company PT Tridi Oasis Group is looking to expand its business in the flourishing circular economy, as it received part of a US$6 million investment dedicated to tackling the ocean plastic crisis in South and Southeast Asia. The funding, claimed as the world’s first investment fund dedicated to the cause in the region, was disbursed by Singapore-based Circulate Capital on April 28 and was shared with Indian recycling company Lucro. The investment is part of the Circulate Capital Ocean Fund’s $106 million in dedicated debt and equity financing for circular economy start-ups and small and medium enterprises (SMEs) in countries like Indonesia, Thailand and India.
What is circular economy?
Circular economy aims to keep resources in a closed cycle. As we already know, the natural system already adapts a circular system. Soil nutrients and solar energy grow plants, plant feeds animals, animal dies, decompose, and become soil nutrients. In that perfect world, no waste is generated. However, the linear economy had introduced us with the ‘throw-away’ culture. We extract resources, manufacture products, and eventually dispose them, without thinking too much about how much resources are wasted in landfills.
As an effort to eradicate marine waste once and for all, the government has rolled out its latest action plan for authorities, businesses and communities to prevent plastic waste from ending up in the ocean by 2025.
Critics, however, doubt the latest plan will contribute to the country’s efforts in reducing marine debris due to poor waste management and reluctance from most companies to avoid single-use plastic products, which have been polluting the sea. The joint action plan, unveiled by Maritime Affairs and Investment Coordinating Minister Luhut Binsar Pandjaitan on April 22, will become a guideline for all stakeholders to prevent plastic pollution from leaking into rivers, lakes and seas.
Bisnis.com, JAKARTA – Circulate Capital melalui Circulate Capital Ocean Fund (CCOF) telah melakukan investasi perdananya di dua perusahaan daur ulang plastik yang berlokasi di Indonesia dan India, dengan total nilai investasi sebesar US$6 juta.
Investasi di Indonesia diberikan kepada PT Tridi Oasis Group (Tridi Oasis), yang memiliki spesialisasi dalam mendaur ulang botol polietilena tereftalat (PET) menjadi serpihan PET daur ulang (rPET), yang digunakan untuk memproduksi kemasan daur ulang dan tekstil.
CEO Circulate Capital Rob Kaplan mengatakan ketahanan infrastruktur penting seperti sampah dan daur ulang harus berjalan seiring dengan perlindungan terhadap kesehatan dan mata pencarian masyarakat.