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Introduction to Virtual Materials Exchanges: Facilitating Resource Recovery and Sustainability

Discover the concept of materials exchanges, systems designed to recapture items destined for disposal. Explore their history, evolution, and significance in promoting waste reduction, reuse, and recycling. This introduction highlights the goals of materials exchanges in times of resource scarcity, emphasizing local and regional efforts. Understand the role of information technology in enhancing collaboration and reducing transaction costs. Learn how these exchanges can transform waste into valuable resources, fostering sustainability within communities.

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Introduction to Virtual Materials Exchanges: Facilitating Resource Recovery and Sustainability

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  1. GRRN Zero WasteConference Intro to Materials Exchanges Introduction To Virtual Materials Exchanges

  2. What is a Materials Exchange? • A system for recapture of materials and items which had previously been destined to be discarded/disposed of.

  3. What are the Goals of aMaterials Exchange? Reduce ReuseRecycle

  4. The “Rag and Bone” ManA physical waste exchange

  5. Resource ScarcityWorld War II

  6. Earliest Documented ExchangeWartime Britain National Industrial Materials Recovery Association Ceased after WWII

  7. Materials ExchangeTimeline • 1950’s and 1960’s Conservation and recapture are not a top priority • 1970’s Materials exchange systems spring up • 1980’s Regulatory changes and reduced funding undermine many systems

  8. 1990’s and Beyond Materials Exchange hits the net

  9. History of Materials Exchanges • http://www.p2pays.org/ref/10/09222.htm#chapter1

  10. Materials Exchanges:Trash-matching • Facilitate transactions where: • Source and sink are not known in advance • Material flows are intermittent and • unpredictable

  11. What GetsExchanged? Items and materials are typically: • Previously considered waste/of no use • Of low economic value • Dispersed/low volume

  12. Materials ExchangeCharacteristics Successful exchanges are usually: • Local/regional • Focused • And free!

  13. The Challenges: Inconvenient Uneconomic Unknown method Perception that it is not viable Our Goals: Convenience Economic Efficiency Collaborative method development Change perceptions Challengesof Reuse

  14. What Does Information Technology Add? • Reduced transaction cost • Collaborative problem solving • Just in time information delivery • Better tracking and reporting

  15. Reduced Transaction Cost Reduced ‘search and information’ costs.

  16. DistributedProblem Solving Two minds are always better than one.

  17. Just in timeInformation Delivery Information is available and accurate at the time it is needed.

  18. Better Trackingand Reporting Diversion rates and other metrics are available.

  19. Thank Youfor Your Time! James Ruttan CEO iWasteNot Systems jamesruttan@iwsatenotsystems.com

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