ESG Investing in “White Gold”: The Case of Lebanese Salinas
Abstract
:1. Introduction
2. Research Methodology
2.1. Microplastic and Sea Salt Extraction
2.2. ESG Investing
3. Case Study
3.1. Location and Context of the Study
3.2. The Project Overviews
3.3. “S.O.S. (Save Our Salt)”
- -
- Create a plastic-free area at Deir el Natour Salinas.
- -
- Implement plastic-free sea salt production at 10 Salinas at Deir el Natour.
- -
- Create a plastic-free area at Anfeh Peninsula, Deir el Natour, and Ras el Safi.
- -
- Implement plastic-free sea salt production for the project entitled “Droub el Meleh” (paths of the salt) at two northern Lebanese regions, Deir el Natour and Ras el Safi.
3.4. Methodology and Action Plan
- Implement a local innovative tool to filter sea water that is structured from a windmill, pump, metallic tube, and filter that will be placed on the main basin of Salinas; therefore, we will be working on preventing the leakage of the microplastics to the water used in sea salt extraction in order to achieve plastic-free sea salt.
- Train volunteers.
- Make and distribute special handmade barrels for sorting at site locations and put informative signs on the beach for visitors of the touristic coastal area.
- Raise awareness for the local community to maintain a clean sea all year long.
- Create incentives for the local community to be encouraged to collect waste and reuse it at the “Beit el Meleh” (house of the salt) Museum.
- Clean-up day for the project locations and “Droub el Meleh” with volunteers.
- Set up cigarette collection on the shore.
3.5. Organic Sea Salt MP-Free Production—Artisanal Production
3.6. Using Procedures to Eliminate Microplastics in Seawater Use Processes
3.7. Environmental and Social Actions in Anfeh Salinas
- Implement a local innovative tool to filter sea water and prevent the leakage of the microplastics to the water used in sea salt extraction in order to achieve plastic-free sea salt.
- Train volunteers.
- Make and distribute special hand-made barrels for sorting at site locations and place informative signs on the beach for visitors of the touristic coastal area.
- Raise awareness for the local community to maintain a clean sea all year long.
- Create incentives for the local community to be encouraged to collect waste and reuse it at the “Beit el Meleh” Museum.
- Clean-up day for the project locations and “Droub el Meleh” with volunteers.
- Set up cigarette collection on the shore.
4. Results and Discussion
5. Conclusions
Author Contributions
Funding
Data Availability Statement
Conflicts of Interest
References
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Beach Clean Ups | |
---|---|
Name of association | CSEB, GC and “Droub el Meleh” |
Name and contact details of person in charge of activity | “Hafez Jreij” |
Location | “Deir el natour—Anfeh” |
Surface of area cleaned | 8 km2 |
Time of activity | 10 days |
Weather conditions | Early spring |
Number of trash bags collected | 50 |
Categories of plastics collected and their weight | Mainly plastic bottles |
Number of people participating in the clean-up | 4 |
Identify stakeholders involved in the facilitation of and/or in participation to the cleanup (i.e., municipality, fishermen, other) | Salinas’ owners |
Destination of disposal | Sorting facility in “Zgharta” |
Media coverage yes/no If yes, provide details of the coverage | GC social media |
Name of Association | Green Community and Comité de Sauveguarde de L’environnement—“Bshare” |
---|---|
Name and contact details of person in charge of activity | “Dr. Sana Boudib Antoun” |
Number of campaigns/sessions conducted | 10 |
Where did these campaigns/sessions take place | Anfeh |
Material distributed/produced (including bags, flyers, videos, others) | |
Number of people reached | 10 |
Identify stakeholders involved in the facilitation of and/or in participation to the activity (i.e., municipality, fishermen, students, professors, women, other) | There were 10 workshops and awareness campaigns with the Salinas owners to explain the importance of plastic-free sea salt production, explain the project and review the maps of installation, and launch the cleanup and sorting at the source activities |
Media coverage yes/no If yes, provide details of the coverage | Social Media |
Name of Association | CSEB, GC and Droub el Meleh |
---|---|
Name and contact details of person in charge of activity | “Dr. Sana BoudIb Antoun” and Mr. “Hafez Jreij” |
Number of bins distributed/number of spots | 6 |
Number and location of spots where bins have been distributed | 2 |
Categorization followed | Barrel for Plastic and Aluminum Barrel for Glass |
Total weight of waste collected | NA (not collected yet) |
Total weight of plastics collected | NA (not collected yet) |
Number of people participating in the activities (if more than one activity, data needs to be filled for each activity separately) | 3 |
Identify stakeholders involved in the facilitation of and/or in participation to the activity (i.e., municipality, fishermen, students, professors, women, other) | Salinas’ owners |
Destination of disposal of material (if possible, provide separate information for recycling and up-cycling) | Sorting facility in “Zgharta” |
Media coverage yes/no If yes, provide details of the coverage | Not yet, but it will be on social media soon |
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Boustani, N.M.; Abidib, S. ESG Investing in “White Gold”: The Case of Lebanese Salinas. J. Risk Financial Manag. 2023, 16, 147. https://doi.org/10.3390/jrfm16030147
Boustani NM, Abidib S. ESG Investing in “White Gold”: The Case of Lebanese Salinas. Journal of Risk and Financial Management. 2023; 16(3):147. https://doi.org/10.3390/jrfm16030147
Chicago/Turabian StyleBoustani, Nada Mallah, and Sana Abidib. 2023. "ESG Investing in “White Gold”: The Case of Lebanese Salinas" Journal of Risk and Financial Management 16, no. 3: 147. https://doi.org/10.3390/jrfm16030147
APA StyleBoustani, N. M., & Abidib, S. (2023). ESG Investing in “White Gold”: The Case of Lebanese Salinas. Journal of Risk and Financial Management, 16(3), 147. https://doi.org/10.3390/jrfm16030147