GUANABARA BAY CLEAN-UP PROJECT, BRAZIL
#169 - GUANABARA BAY CIRCULAR ACTION CLEAN-UP PROJECT
The iconic Guanabara Bay in Rio de Janeiro, Brazil, is one of the most polluted bays in the world. This pollution is resulting in the degradation of mangroves and loss of the bay’s purification capacity. Fish stocks are much depleted, both in volume and in diversity, and due to ocean currents, plastics and other residues discarded in the Bay also affect marine wildlife located at a long distance from the Bay.
Thousands of independent waste pickers work in the margins, catchment and tributaries of the Guanabara Bay. This project intends to mobilise them, and fishermen working in the bay, to undertake a large-scale clean-up of the bay and connect this activity to the Circular Credits Mechanism (CCM), an innovative new market mechanism to provide a sustainable source of income for low-income groups in developing countries that engage in waste collection, recovery and recycling. The mechanism is based on performance-based payments for environmental services related to the circular economy. This is a socially inclusive innovative market mechanism with positive social and environmental impacts.
The project will prepare selected waste- picking cooperatives and fishermen to recover plastic from the bay and use this activity to enter the Circular Credit market through capacity building training, guidance on clean-up activities, and connecting the cooperatives with corporate investors (plastic credit buyers).
The project also includes research and monitoring of the important ecosystems and conservation units that exist within the bay area. The overall goal of the project is to restore the natural ecosystem of Guanabara Bay, an oceanic bay located in Southeast Brazil in the state of Rio de Janeiro, by mobilising and incentivising the local waste-picking co-operatives and fishermen to collect plastic waste both from the bay and the surrounding urban areas that the plastic waste enters the bay from.
USE OF PROCEEDS
The capital derived from the credits sold will be transferred to the waste pickers and fishermen, which will use it according to their immediate needs – mainly operational expenses related to the remuneration of workers.
ABOUT THE ORGANIZATION
BVRio (www.bvrio.org) is a non-profit association created in 2011 with the objective to develop market mechanisms to facilitate compliance with Brazilian environmental laws. Since 2012 BVRio works with the promotion of the circular economy models, starting with the development of the Reverse Logistics Credits system (see www.bvrio.org/publicacoes) which involved over 7000 waste pickers since 2013. In 2017, BVRio joined standard-setter Verra (www.verra.org) and corporate partners Danone, Nestle, Tetra Pak, as well as NGOs and academia, to create the 3R Initiative (www.3r-initiative.org), which in turn led to the creation of the Circular Action Hub.
BVRio is a Climate Action Leader of the R20 Regions for Climate Action initiative, and received the Katerva Awards 2013 for Economy. BVRio was created in partnership with the Secretariats of Environment and Finance of Rio de Janeiro’s state and municipal government, and its governance structure includes representatives of the Brazilian World Business Council for Sustainable Development (CEBDS), Brazilian Foundation for Sustainable Development (FBDS), Federal University of Rio de Janeiro (COPPE - UFRJ), and E2 Socio Ambiental.
Rio de Janeiro / Brazil
Collection / Sorting
Tons Per Year: 30000