Koinpack’s Reuse Revolution to Radically Prevent Plastic Pollution in Indonesia (ADB Circular Economy Webinar Series, Session 9)
2:00 – 3:00 p.m., Manila time (UTC +8)
Launched in 2020, Koinpack built a deposit-based reuse system for plastic packaging, allowing consumers to purchase their favorite brands in reusable bottles, instead of single-use flexibles. When they return the bottle, they get a cashback as an incentive.
Koinpack works with existing brands selling fast-moving consumer goods such as detergents and shampoos. The returned bottle is then cleaned and refilled up to 20 times. Koinpack has won a grant under ADB Innovation Hub’s Healthy Oceans Technology Innovation Challenge (TIC), awarded with a high-level technology solution to address an identified development challenge. The TIC grant will enable Koinpack to achieve its short-term and long-term ambition of 6000 Points of Sales and prevent 145+ million pieces of single-use packaging. With the ADB TIC grant, Koinpack will further develop and set up the technology for scale.
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