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HCF 2019 Panel 4: Lorraine Francourt

Panel 4: Plastics and circularity – from pollution to a value based proposition for all

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HCF 2019 Panel 4: Lorraine Francourt

  1. 1. The largest global, CEO led, cross-value chain, not-for-profit organization with the clear mission to develop, deploy and bring to scale solutions that will minimize and keep plastic waste out of the environment while promoting solutions for used plastics, including reuse, recovery, and recycling
  2. 2. The challenge About 200 MMT of plastic landfilled or ending up as litter Improper waste management leads to significant leakage into oceans and seas (~8 MMT per year) By 2025, the ocean could contain 1 ton of plastic for every 3 tons of finfish There is untapped value in post-use plastic that can be used to incentivize collection and reprocessing Plastic waste production is expected to double in the next 15 years
  3. 3. Combining the expertise of the whole value chain from raw material to manufacturing, to brand/retail, to waste management Action-oriented to achieve tangible through on-the-ground projects & investment in infrastructure Market-oriented by deploying strategies to increase the value of plastic waste streams to support investment Collaborative by bringing together industry, government, communities & civil society The solution – A complementary approach
  4. 4. development to collect and manage waste and increase recycling and engagement of governments at all levels, businesses, and communities to mobilize action to advance and scale new technologies that make recycling and recovering plastics easier and create more value from plastics once they’ve been used of concentrated areas of plastic waste already in the environment, particularly rivers, that carry land-based plastic waste to the sea STRATEGY I N N O V A T I O N E D U C A T I O N C L E A N U PI N F R A S T R U C T U R E FUNDING Mutually-funded, philanthropic, Alliance-branded programs Developed and implemented by the Alliance Aggregated company-sponsored & directed investments into waste management infrastructure or technologies supportive of the Alliance’s mission Developed and implemented by the member companies PART A: $0.5 Bn Part B: $1 Bn The solution $0.5 bn Part A $1 Bn Part B $1.5 bn overall commitment over 5 years
  5. 5. Global presence of Alliance members Strategic partner: