Ideas worth spreading

The surprising solution to ocean plastic

2,177,028 views |

David Katz |

TED@IBM

• December 2017

Can we solve the problem of ocean plastic pollution and end extreme poverty at the same time? That's the ambitious goal of The Plastic Bank: a worldwide chain of stores where everything from school tuition to cooking fuel and more is available for purchase in exchange for plastic garbage -- which is then sorted, shredded and sold to brands who reuse "social plastic" in their products. Join David Katz to learn more about this step towards closing the loop in the circular economy. "Preventing ocean plastic could be humanity's richest opportunity," Katz says.

Can we solve the problem of ocean plastic pollution and end extreme poverty at the same time? That's the ambitious goal of The Plastic Bank: a worldwide chain of stores where everything from school tuition to cooking fuel and more is available for purchase in exchange for plastic garbage -- which is then sorted, shredded and sold to brands who reuse "social plastic" in their products. Join David Katz to learn more about this step towards closing the loop in the circular economy. "Preventing ocean plastic could be humanity's richest opportunity," Katz says.

Learn more about The Plastic Bank, an ecosystem that reveals value and waste.

About the speaker

David Katz

Plastics alchemist

See speaker profile

David is founder and CEO of The Plastic Bank, the world’s only organization to monetize plastic waste and provide an opportunity for the world's disadvantaged to collect and trade plastic waste as a currency.

Paul Polak | Berrett-Koehler Publishers, 2009 | Book

Out of Poverty: What Works When Traditional Approaches Fail

Craig Leeson, 2016 | Watch

A Plastic Ocean

Shaun Frankson | TEDxStanleyPark | Watch

"How to save Earth with 5 minutes a day of responsible consumerism"

About TED Institute

Every year, TED works with a group of select companies and foundations to identify internal ideators, inventors, connectors, and creators. Drawing on the same rigorous regimen that has prepared speakers for the TED main stage, TED Institute works closely with each partner, overseeing curation and providing intensive one-on-one talk development to sharpen and fine tune ideas. The culmination is an event produced, recorded, and hosted by TED, generating a growing library of valuable TED Talks that can spur innovation and transform organizations.

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Learn more about The Plastic Bank, an ecosystem that reveals value and waste.