Plastic credits: A ‘false solution’ or the answer to global plastic waste? | Environment News

Each year, approximately 400 million tonnes of plastic waste are produced globally, with only 9% recycled, while the UN seeks a treaty to address plastic waste amid stalled negotiations largely due to petrostate opposition. In response, initiatives like plastic offsetting, similar to carbon credits, have emerged, but critics warn they may enable pollution without reducing production, potentially harming communities reliant on plastic waste.

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