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Taking action against plastic pollution of the oceans

19 tonnes of plastic enter the ocean each minute. However, this waste could serve as an invaluable resource: the recycling of these products can generate both profits and jobs. This is the message from the Plastic Odyssey team who are leading an ambitious project to raise awareness of the recycling of plastic waste. The team is made up of young entrepreneurs from merchant navy, engineering and commercial backgrounds. During the second half of 2020, the team will set sail around the world on a vessel powered by fuel made from plastic waste, thanks to a pyrolsis unit installed at the back of the boat. The expedition will include stops in emerging countries to encourage local waste-reducing initiatives and the creation of small recycling plants. This project does not aim to collect plastic already in the oceans, but to take early action, working with local populations on pollution-prevention solutions.

A major societal issue

The Group became a partner of Plastic Odyssey in 2018, during the prototyping phase of the project. Through seven Regional Banks (Alpes Provence, Aquitaine, Atlantique Vendée, Charente-Maritime Deux-Sèvres, Finistère, Normandie Seine, Provence Côte d’Azur) as well as BforBank, CAMCA Mutuelle, Crédit Agricole Assurances, CACEIS, Crédit Agricole CIB, Crédit Agricole Immobilier, Crédit Agricole S.A., Crédit Agricole Polska and Crédit Agricole Italia, Crédit Agricole is pursuing its commitment by granting €1.2 million over 5 years to support Plastic Odyssey.