And on behalf of the Plastic Solutions Fund would like … · which plastic, and particularly...

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Good Morning Excellencies, Ladies and Gentlemen I am honored to participate on this panel this morning And on behalf of the Plastic Solutions Fund would like to thank the European Union and the Government of Malta for this opportunity to announce our intention to raise EURO 12.6 million ($15 million) over the next three years to combat the problem of single use and other disposable plastic packaging. 1

Transcript of And on behalf of the Plastic Solutions Fund would like … · which plastic, and particularly...

GoodMorningExcellencies,LadiesandGentlemen

Iamhonoredtoparticipateonthispanelthismorning

AndonbehalfofthePlasticSolutionsFundwouldliketothanktheEuropeanUnionandtheGovernmentofMaltaforthisopportunitytoannounceourintentiontoraiseEURO12.6million($15million)overthenextthreeyearstocombattheproblemofsingleuseandotherdisposableplasticpackaging.

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ThePlasticSolutionsFundwasestablishedearlierthisyeartosupportnon-profitorganizations,particularlyinAsia,theEuropeanUnionandtheUnitedStates,thatwanttotransformplasticspackagingsupplychains,reducingnotonlytheamountofthisplasticthatenterstheenvironment,buttheamountthatismanufacturedinthefirstplace.

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Weareallofcoursefamiliarwithgraphslikethisonethatdemonstratetheextenttowhichplastic,andparticularlyplasticpackagingwasteisimpactingourOceans.

Thewordlitterhowever,asincludedonthisslide,tendstomakeusthinkofplasticastrashthatthatcansimplybepluckedoutoftheocean– ourmindimmediatelygoesimagesofthetrashgyres– butmacroplastic isonlythetipoftheiceberg–microplastic formedbythemechanicalbreakdownofmacroplastic– what5GyresCo-FounderMarcusEriksoncallsthe‘smogofthesea’isamuchmoreintractableproblem.

Andwearequiteliterally,asHRHthePrinceofWalessaid,eatingplasticasaresult…

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ButPlasticsarenotonlyanoceansproblem.Theyarealsoaclimateproblem– withpetrochemicalsforplasticsproductionsettodrivecrudeoilsalesfordecades–accordingtotheInternationalEnergyAgencytheywillaccountfor44%ofcrudeoildemandgrowthbetween2015and2040.

InthewakeoftheParisAgreement’scommitmenttokeepingglobaltemperatureriseaswellbelow2degreesit’simportantthatpetroleumproductionforallendusesisdrawndown.

Furthermore,itisimperativethatwedestroythemyththatplasticissomehowanetcarbonsink,withtheUSEPAstudiesshowingthat“wastetoenergy”incineratorsandlandfillscontributefarhigherlevelsofgreenhousegasemissionsandoverallenergythroughouttheirlifecyclesthansourcereduction,reuseandrecyclingofthesamematerials.

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ItisforthisreasonthatthePlasticSolutionsFundisfocusingontheupstreamdriversofplasticpollution.Althoughthewasteisendingupintheocean,theproblemiscomingfrom,andneedstobesolvedonland.Astheysay,anounceofpreventionsayisworthapoundofcure.

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Forthisreason,wearesupportingcitiesandcommunitiesin16highimpactsitesacrossAsiatoestablishzerowasteprogramsthatwillhelppreventmorethan868thousandtonsofwaste,includingmorethan173thousandtonsofplastic,frombeingreleasedintotheenvironment.

AswellasprovidingmodelsoffinancialandenvironmentalbenefitstoothercitiesacrossAsia.

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WearesupportingorganizationsandcommunitiesinEuropetoencouragetheEuropeanCommissiontobearealleaderonthisissueandsetambitiousgoalsinit’sCircularEconomyDirectivetoreducetheproductionanduseofsingleuseplastic.

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Wearesupportingcommunitiesaroundtheworldtoauditnotonlythetypeofplasticendingupontheirbeaches,butwhoproducesitandtostartadialoguewiththemanycompaniesaroundtheworldwho’sproductsarepollutingtheocean.

AsVirginie (previousspeakerP&G)said,nowisthetimeforcompaniestoworkwiththeirdesignersandengineersandmarketersoninnovationandre-design.Butitneedstogobeyondrecyclingornewmaterials;companiesneedtoinnovatethewaytheydelivertheirproductsoverall.

Andweknowtheycandoitbecausethey’vedoneitbefore.ThoseofuswholiveorworkinAsiaknowthatmultilayersachetsarearelativelynewthing– andarearesultofcompaniesdecidingtodelivertheirproductsinatotallynewmanner– thetimehascomeforthemtodothatagain.

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Andperhapsmostimportantlywearesupporting1000sofpeopleandcommunitiesfromaroundtheworldwhobelieveinaworldfreeofplasticpollutiontojointogethertoachieveourcommonvisionofsocialandenvironmentaljustice.

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Inourfirsteightmonthsofoperationwehavemadegrantstotalingnearly2.3millionEurotomorethan30organizationsaroundtheworld.Andwithatotalof9mEurooverthreeyearsalreadycommittedfromourfoundingpartnerorganizations,wearelookingforwardtoatleasttriplingthatinvestmentinthenexttwoyears.

Inconclusion…

Untilrecentlywehaveinrealityusedtheoceansastheultimatetrashcan.Butaswe’velearnedtoourcostwithcarbondioxide,andasweareincreasinglyunderstandingwithplastic,thereisnoaway.

And assomeonewhogrewupwiththe3-Rs,I’mproudtobeplayingaroleinmakingthefirstR– Reduction– whichafterallisintendedtobethelargestpartoftheequation- areality.

Thetimehascome– asEmilyPennsoeloquentlyarticulated(inherspeechearlier)to‘turnoffthetap’.

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