Bloomberg Daybreak Explains Plastic Credits

"What's interesting is companies are now buying these credits as a way to offset the plastic waste that they generate, but also as a financing mechanism to fund the build-out of infrastructure or recycling, as well as sorting of plastics, particularly in markets like the Philippines and Vietnam where waste collection is relatively poor or non-existent today."

Bloomberg NEF's Kirti Vasta talks with Bloomberg Daybreak anchor Tom Mackenzie about the role plastic credits can play in both only cleaning up legacy waste and channeling much-needed funding into waste management infrastructure in emerging markets, which need it the most.

Kirti shares data from PCX Markets to illustrate the growth of the nascent plastic credits sector, and talks about how brands are funding downstream cleanup through credits while reducing the use of virgin plastic upstream, in parallel.

To learn more about how your company can help tackle plastic pollution, reach out to us at [email protected].