The global market for plastic credit is projected to grow at a CAGR of 121.15% from 2025 to 2033, with an expected value of $6,830.3 million by 2033. Plastic pollution has become a global crisis, causing significant environmental, social, and economic damage. The surge in plastic production and consumption has outpaced investments in waste management, exacerbating the issue. While policymakers, businesses, and communities are taking action, a significant financing gap remains in transitioning to a circular plastics economy. Comprehensive solutions, including reduced plastic production, market transformation, and strategies for handling legacy plastics, are needed. Regulatory frameworks, such as extended producer responsibility (EPR) schemes, are being established to support this transition.
Plastic crediting is a results-based financing solution to tackle plastic pollution. Environmental certificates represent impacts like collection, recycling, or avoidance. Revenue from selling credits funds projects, enabling infrastructure development and supporting community growth within the circular economy.
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