{"id":3219,"date":"2020-07-26T15:21:57","date_gmt":"2020-07-26T15:21:57","guid":{"rendered":"https:\/\/wordpress.circularactionhub.org\/bvrio-launches-circular-action-hub\/"},"modified":"2021-12-13T13:30:55","modified_gmt":"2021-12-13T13:30:55","slug":"bvrio-launches-circular-action-hub","status":"publish","type":"post","link":"https:\/\/www.circularactionhub.org\/bvrio-launches-circular-action-hub\/?lang=fr","title":{"rendered":"BVRio launches Circular Action Hub"},"content":{"rendered":"
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Waste leakage and particularly plastic pollution is an alarming global problem, but the solutions must be delivered locally. Circular Action Hub connects global sources of finance with ambitious and scalable local projects to support and accelerate circular waste management action via performance-based payments for an inclusive circular economy.<\/p>\n

The Hub is the world\u2019s first online marketplace for circular economy-related projects.<\/strong> One of the main features of the platform is the Circular Credits Mechanism<\/strong> \u2013 an innovative system of performance-based payments for environmental services of circularity.<\/p>\n

Circular Action Hub<\/strong> was originally created to host projects from the 3R Initiative founded by BVRio, Verra, Nestl\u00e9, Danone, Tetra Pak and others. BVRio is now expanding the Hub to promote a wider range of projects (large, small, greenfield, existing) with various funding needs (direct sponsorship, impact investment, performance-based payments), waste materials (plastics, beverage cartons, metals, glass, tyres, e-waste, etc.), and activities (waste collection and recovery, recycling, capacity building, technology development).<\/p>\n

Recognising that there is a huge diversity of circumstances, technologies, and approaches that can be used by projects in different parts of the world, the Hub does not assume that a \u2018one size fits all\u2019 approach can be defined at the outset. Instead, it adopts a \u2018learning-by-doing\u2019 approach and strives for continuous improvement of its requirements based on the experience learned with participating projects.<\/p>\n

\u201cBVRio is proud to launch the Hub. We see it as an important piece of the circular economy ecosystem, connecting and supporting a wide range of actors that play important roles in this space. In particular, we are glad to have designed an inclusive system that removes barriers to entry and gives access to smaller initiatives, such as the waste picker cooperatives that operate all over the world\u201d, said Mauricio Moura Costa, CEO of BVRio<\/strong>.<\/p>\n

The idea is based on the Reverse Logistics Credit System that BVRio piloted in Brazil a few years ago. In 2013, BVRio signed a collaboration agreement with the National Association of Catadores to develop a system to support the remuneration of Catadores (waste pickers) for the environmental services derived from the reverse logistics and recycling that they provide to companies, the government and society as a whole. The Reverse Logistics Credits system was created to assist companies in meeting their obligations under the law while rewarding Catadores for their role. Les cr\u00e9dits de logistique invers\u00e9e sont des certificats qui confirment que des services de logistique invers\u00e9e ont \u00e9t\u00e9 fournis pour garantir qu’une certaine quantit\u00e9 de d\u00e9chets a \u00e9t\u00e9 \u00e9limin\u00e9e de mani\u00e8re responsable. These credits were issued and sold by cooperatives of Catadores and purchased by producers and\/or importers who need to comply with the solid waste legislation. Through the purchase of credits, companies effectively subcontracted cooperatives of Catadores to provide reverse logistics services.<\/p>\n