Source:
Ocean Conservancy
Author(s):
Patrick McAllister
Geography:
Indonesia, Vietnam
Type:
Strategy
Purpose of Measurement:
Solution Sets and Impact Potential
Impact theme(s):
Livelihoods, Capital Flows
This report details findings, based on investigations in Indonesia and Vietnam, on the potential for microfinance to incentivize the informal sector to collect more plastic waste. The team found that microfinance is not a good fit to support the informal sector. However, the research found other areas for action: 1. Provide the informal sector workforce with information, skills, technology, and equipment through existing support organizations; 2. Expand informal sector processing capacity by financing equipment; and 3. Stabilize the prices paid for low-value plastics at a level that will encourage collection. The Ocean Conservancy is working to build partnerships to test the findings of this report.