Okeanos, a sustainable innovation company working on calcium carbonate-based solutions, SEKEM, a holistic initiative for sustainable development that integrates ecology, economy, society, and culture, and Schneider Electric, a leading provider of physical infrastructure solutions for the entire data centres, data centre solutions, and networks, will all be on the panel to discuss their respective fields. In addition, Plastic Bank founder and chief operating officer David Katz will speak at an event hosted by HSBC and the Financial Times on the topic of "Renewing the Financial System to Access a Zero-Carbon Economy." Katz will also speak at a sustainability event hosted by Schneider Electric on both November 12 and 17, the first session of which will focus on the topic of "Conserving Natural Resources and the Ecosystem," and the second on "Responsible Consumption," which will provide a deeper understanding of the concept.
Commenting on the Plastic Bank’s participation, Amr Al-Kady — Regional Director of Egypt, the Middle East, and Africa at the Plastic Bank said: “We are very pleased with our participation this year in the COP27, through which Egypt will be gearing up to take serious steps towards achieving sustainability and the implementation of a circular and green economy, which is in line with the state’s direction and strategy for 2030.” “At Plastic Bank, we’re constantly working towards implementing the concept of a circular economy and raising awareness on the environmental risks stemming from poor management of plastic waste, which in turn reduces its access to seas and rivers, as it is concerned with converting plastic waste into ‘social plastic’, which is plastic that is collected and re-integrated into packaging products using technology, taking into account the environmental and social dimensions as a whole.”
The Plastic Bank equips Ocean Stewards to eliminate plastic waste in the ocean. Ethical recycling occurs when people trade plastic for useful goods. Using a blockchain-based platform, transactions are recorded for posterity, income is protected, and reports can be verified. Social Plastic feedstock, which is used again and again in manufacturing and packaging, is created from the collected trash.
