With the Project:
Atando Cabos is a circular economy initiative that focuses on restoring the coastal ecosystem of Patagonia, a sparsely populated region at the southern end of South America. Various stakeholders are included to ensure the collection of fishing waste such as nets, robes and buoys, in a bid to give them a new life through recycling. Furthermore, a business model was developed to create increased value and demand for the recycled plastic.
In the last 30 years, the fishing and fish farming industry has grown exponentially in the region of Patagonia. However, this growth in business has led to the massive use of fishing nets, ropes and buoys, which are later on discarded at the beach. There was no long-term solution available for the waste piling on shore.
A second life is given to discarded plastic waste by recycling it into raw materials and manufacturing high quality and long-life products. The project team not only collects discarded plastic but also provides a real solution to prevent it from being discarded, thereby improving the environment and ecosystem. Furthermore, the project seeks to end the massive contamination of plastic by implementing circular economy initiatives with an economic, social, and environmental impact that fosters the development of technology while creating jobs in the recovery areas.
1,800 tons of fishing waste material have been successfully recycled. Further investments have increased the capacity to process 2,000 tonnes per year. A technological platform based on blockchain is being developed that allows the traceability of not only waste but also of people and organisations involved in the process.
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