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Post by account_disabled on Mar 2, 2024 23:43:25 GMT -5
Can be one step toward a circular economy. By Rob Kaplan September , image Eggs incubating at a hatchery. Shutterstock A_noina Close Authorship When it comes to ocean plastic pollution, the challenge is clear: We need to quickly scale up business solutions to support waste and recycling. The construction of strong value chains and waste management systems that support a circular economy is critical. But in South and Southeast Asia — where this type of intervention is desperately needed — bankable ventures, projects and initiatives are in short supply. While amazing entrepreneurs exist in BTC Number Data the waste management sector, many could benefit from experience, knowledge and resources to develop their businesses into investable entities. They need to be incubated. Specifically, they need technical assistance and supportive ecosystems to ensure their success. Programs are rapidly developing. In Indonesia, for example, the Surabaya Ocean Plastic Prevention Accelerator (OPPA) uses a community-sourced approach that engages networks of stakeholders to link innovators with advisers and resources that increase startup connections and growth, through network-centered innovation. The project brings together a range of stakeholders, including local government, private sector partners such as the Packaging and Recycling Alliance for Indonesia (PRAISE), academic institutions, global brands and owners of large-scale recycling plants such as Veolia.
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