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22-Year-Old Raises $21.7 Million to Rid Pacific Ocean of Plastic
This latest round of funding brings The Ocean Cleanup's total funding since 2013 to $31.5 million and allows the startup to initiate large-scale trials of its cleanup technology in the Pacific Ocean later this year.
"Our mission is to rid the world's oceans of plastic, and this support is a major leap forward towards achieving this goal," Boyan Slat, the 22-year-old founder and CEO of The Ocean Cleanup, said. "Thanks to the generous support of these funders, the day we'll be returning that first batch of plastic to shore is now in sight."
The young inventor and entrepreneur has been widely praised for his plastic-capturing concept that involves a massive static platform and long floating barriers that passively corrals plastics with wind and ocean currents.
The Ocean Cleanup claims to be the "largest cleanup in history." The team boasts that one passive system could theoretically remove about half the Great Pacific Garbage Patch in 10 years.
According to the announcement, San Francisco-based philanthropists Marc and Lynne Benioff and an anonymous donor made "significant" contributions to the latest funding round. Other high-profile donors include the Julius Baer Foundation, Royal DSM and Silicon Valley entrepreneur/investor Peter Thiel.
"Lynne and I are thrilled to support The Ocean Cleanup's important goal of eliminating plastic in our oceans," said Marc Benioff, chairman and CEO of Salesforce. "With Boyan's innovative leadership, I believe The Ocean Cleanup will have an incredibly positive impact on the future of our oceans. I hope other leaders will join us in supporting these efforts."
The Ocean Cleanup plans to launch its first experimental cleanup system in Pacific waters later this year, a step considered the "most important milestone on the road to the full-scale cleanup of the world's oceans."
More details on the project will be shared on May 11 at 2 p.m. EST at the "Werkspoorkathedraal" in Utrecht, the Netherlands. The event will also be live-streamed.
EcoWatch Daily Newsletter
By Jeff Turrentine
First off: Bangkok Wakes to Rain, the intricately wrought, elegantly crafted debut novel by the Thai-American author Pitchaya Sudbanthad, isn't really about climate change. This tale set in the sprawling subtropical Thai capital is ultimately a kind of family saga — although its interconnected characters aren't necessarily linked by a bloodline. What binds them is their relationship to a small parcel of urban land on which has variously stood a Christian mission, an upper-class family house, and a towering condominium. All of the characters have either called this place home or had some other significant connection to it.
Maine Gov. Janet Mills signed a bill into law Thursday banning public schools or universities in the state from using Native American mascots, names or imagery. Mills' action will make Maine the first state in the nation with such a ban once it goes into effect later this year, The Bangor Daily News reported.
Inslee's 'Evergreen Economy Plan' Calls for $9 Trillion Investment in New Green Jobs, Would Help Fossil Fuel Workers Transition
By Julia Conley
A new climate action plan put forth by Democratic presidential candidate Gov. Jay Inslee on Thursday is being praised for highlighting the enormous benefits that would result from a rapid shift in the U.S. to a renewable energy economy that centers on the needs of workers and vulnerable communities.