Reduce, Reuse and Recycle for a Green Cash Cycle
Reduce, Reuse, Repair, Refurbish and Recycle are the five widely-accepted elements of a circular economy. This article from CCL Secure covers three of them.
Central banks have the opportunity to reduce greenhouse gas emissions, water usage and other environmental impacts through their currency strategy. How? The principles are simpler than you may think.
Banknotes can be thought about in the same way that we tackle all products: reduce, reuse, recycle.
CCL Secure’s Technical Services Manager, Lachlan McDonald, said that being green does not have to be rocket science.
‘As GUARDIAN™ polymer is a stronger substrate, less notes are required. This means drastically reduced production volumes, typically by a factor of three to five times in comparison to paper,’ he said. ‘Combine lower production volumes with less transport and the capability for recycling, and you have a winning formula for reducing greenhouse gas emissions’.
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