Introducing The Ocean Fund, a groundbreaking initiative spearheaded by Carbon Checkout, dedicated to safeguarding marine ecosystems while uplifting marginalized communities. Our mission is twofold: to combat ocean-bound plastic pollution and to provide sustainable livelihood opportunities for those most affected by environmental degradation.
With every dollar invested into The Ocean Fund, we pledge to recover and recycle one kilogram of plastic waste, equivalent to approximately 50 plastic bottles, from vulnerable coastal areas. By channeling resources into plastic recovery efforts, we not only prevent further harm to marine life but also mitigate the detrimental impacts of plastic pollution on coastal communities.
Through innovative partnerships and strategic investments, The Ocean Fund aims to catalyze positive change by transforming plastic waste into valuable feedstock. By doing so, we not only reduce the burden on our oceans but also create economic opportunities for individuals living in poverty.
Join us in our mission to protect our oceans, support livelihoods, and build a sustainable future for all. Together, we can make a tangible difference in the fight against plastic pollution and ensure the well-being of both marine ecosystems and coastal communities.
The Ocean Fund invests directly in the project featured below, and will continue to enhance and diversify the project portfolio to ensure we deliver measurable impact with every dollar invested, and with a focused strategy on maximizing your impact ROI.
Location: Southeast Asia
Intervention: Plastic pollution recovery
Verification: Plastic Bank
Although plastic serves to enhance and simplify various aspects of our lives, it has become ingrained in our routines, often seen as indispensable. Its widespread availability, affordability, and disposability have made it a ubiquitous part of modern consumption. However, the unchecked accumulation of plastic waste poses a dire threat to our oceans, with projections indicating that by 2050, there will be more plastic than fish in marine environments.
Taking proactive steps to curb plastic pollution is essential for achieving sustainability objectives. Carbon Checkout and The Ocean Fund has partnered with Plastic Bank, to play a crucial role in preventing plastic waste from reaching our oceans. Through this collaboration, plastic collection initiatives are facilitated within a 50-kilometer radius of ocean-bound waterways and coastlines. Communities actively engage in gathering plastic waste from local beaches, riverbanks, neighborhoods, and households, effectively intercepting ocean-bound plastic at its source.
Together, we are not only addressing the environmental challenge posed by plastic pollution but also creating tangible benefits for communities. Plastic Bank provides communities with collection centers, where people can exchange collected plastic waste for incentives at local branches, which in turn support essential family needs such as groceries, education, healthcare, and access to digital services. By offering a reliable source of income, Plastic Bank empowers vulnerable communities, offering them a pathway out of poverty.
Through the collaborative efforts of forward-thinking companies and individuals, we are leading the charge in stewarding the collection of ocean-bound plastic and fostering thriving collection communities. The recycled plastic is transformed into feedstock, which is utilized in the manufacturing of new products and packaging, thereby giving ocean- bound plastic a new lease on life.
By default, we reference per capita CO2 emissions for the United States when providing estimates concerning the percentage of your footprint that will be offset with each investment. To reference the per capita CO2 emissions for other countries, please see the table below.