The government plans to introduce a “plastic credit” to reduce waste – Society

A. Muh. Ibnu Aqil (The Jakarta Post)

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Jakarta ●
Sat 26 February 2022

The government has said it is considering implementing a plastic credit scheme to address growing concerns over plastic waste in the country, although an expert has raised concerns that such a scheme could allow producers to transfer their responsibilities to others.

A plastic credit scheme works similarly to the carbon credit scheme which was first introduced in the 1997 Kyoto Protocol. Under the plastic credit scheme, a certain amount of collected and recycled plastic is converted into a “credit” unit that can be sold to plastic creditors looking to reduce their plastic footprint.

Funds raised through the credit operation are then used to fund plastic waste collection and recycling initiatives following third-party audits to confirm the amount of plastic waste collected or recycled and the amount of credit sold to buyers.

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