GreenCollar is proud to be one of the first project developers globally to offer verified credits under Verra’s Plastic Waste Reduction Standard – our first step towards addressing the global problem of single use plastics.

Plastic pollution is a major threat to our environment. Australia alone generates over 67 million tonnes of plastic waste per year with over 30 million tonnes of this waste working its way directly into the natural environment. Meanwhile, on a global scale, we are producing twice as much plastic waste as two decades ago. Over 353 million tonnes of plastic waste is produced annually, just 9% of which is recycled.

The world urgently needs to scale plastic collection and recycling infrastructure – something that can be achieved through participation in a verified market that enables the removal of plastic waste from the environment and lays the foundations of a robust circular economy. By incentivising waste collection and recycling, plastic credits can become an important and effective sustainability investment.

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