Advocating for a Deposit Return Scheme in Portugal

Every day in Portugal, four-million plastic bottles are wasted every single day, with only 36% of beverage containers returned for recycling. We supported The Trash Traveler, an activist based in Portugal, as he cycled 3,000-km across Portugal, raising awareness and encouraging the public to sign the petition urging the Portuguese government to implement a Deposit Return Scheme (DRS). In all, 4,599 bottles and cans were collected along his 55-day route and the campaign’s petition received over 7,000 signatures (as of August 2022). The trip has ended, but the plastics gathered will be displayed as part of an art project and the support raised continues to lobby for DRS.

The Trash Traveler
About The Trash Traveler
Andreas Noe, also known as the Trash Traveller, is a figure that we as a foundation choose to support because of the way he raises awareness. While on a surfing trip in Portugal in 2018, he was shocked at how polluted the beaches were and decided to quit his job and make a difference. By cycling across the country and collecting trash along the journey, he raises awareness in an entertaining way, making people want to participate in the solution. He also uses a shock factor in order to wake people up to the reality of the issues at hand. Working together, over 7000 signatures (and counting) have been gathered to bring legislation for a Deposit Return Scheme to the Portuguese Government. If passed, such a program could greatly reduce littering and pollution in the country.

GET INVOLVED

Check out the work our other grantee, Oceana, is doing to create a deposit return scheme in Spain

Consider signing these petitions to stop the damage created by plastic: 

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MICHAEL ROSEN

Michael Rosen has experience at a partner and co-founder level in private equity and venture capital funds. He has evaluated, executed and managed investments across many sectors and stages, raised capital, managed teams and worked closely with portfolio companies. He was the COO of a listed investment vehicle, and most recently the CIO of Ocean Born Impact where he oversaw investment strategies focused on companies that positively impact planetary health, emphasizing areas such as the energy transition, clean transportation, sustainable production, and enabling technologies.

 

Earlier in his career, Michael served as a Partner at Pamplona Capital Management, where he was responsible for identifying and managing investment opportunities across various sectors. His career began as an Analyst in the Financial Sponsors Group at Merrill Lynch in London.

 

Michael continues to make and support impactful investments that combine environmental sustainability with technological innovation, leveraging his extensive experience in finance and investment management. His investments include impact-focused businesses such as Olio (food waste), Skin Analytics (Al for skin cancer detection), Bramble Energy (hydrogen fuel cells), and CHOOOSE (carbon-offsetting and mitigation).

 

Michael graduated from Oxford University in 2001 with a first class degree in PPE (Philosophy, Politics and Economics), and in 2024 he published his first novel, The Consciousness Company, about a start-up company.

 

Michael is currently a venture partner for the impact fund, Mustard Seed Maze, and is happy to talk about private equity, venture capital and impact investing.