New Hope Ecotech

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City: São Paulo

State: Sao Paulo

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Country: Brazil

New Hope Ecotech (NHE) is a technology startup that connects manufacturers with recycling players in formalization process via tradable environmental securities. Their innovative securities (similar to Carbon Credits, but for recyclables) solve manufacturers’ recycling obligations, increase overall recycling rates and generate additional income for recycling workers. Their securities close the Circular Economy’s loop at the Consumer Packaging Goods industry, enabling manufacturers to financially balance the environmental externalities caused by their packaging. NHE offers a software solution that tracks the waste flow in the supply-chain of recycling and creates an auditable, electronic paper trail in order to certify recycling activity: a Recycling Credit. Their Recycling Credits are sold directly to manufacturers as a solution that allows them to meet their recycling targets. Credits’ revenues are shared back with waste pickers, finally paying for their service of helping save their planet.

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