Business Daily

Turning waste into money

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How does plastic get from your bin to the recycling plant? According to The Pew Charitable Trust, 60% of plastic recycling globally comes from individual waste pickers, an informal economy of millions of people who go out picking up plastic every day. As the world starts to look at ways to reduce our plastic waste, how might this impact the livelihoods of the waste pickers who rely on it?We hear from Gladys Mwamba at Plastic for Change in Zambia, who spotted an opportunity to use her Chinese language skills by acting for local waste pickers selling to Chinese recycling firms. On a larger scale, a for profit social enterprise called The Plastic Bank in Canada is working with over 20,000 waste collectors in Brazil, Indonesia, The Philippines and Egypt. They offer above market prices for plastic, alongside subsidised education programmes and other necessities such as food and fuel. Rich Gower, a senior economist at Tearfund, a Christian international development charity, tells us why an international plastics tr