🌱 Navigating Plastic Credits with Integrity and Innovation at Enval Limited 🔄
24th November 2023
Blog
In light of recent concerns about plastic credits, we at Enval Limited recognise the potential value of plastic credits when managed responsibly. Critics worry that plastic credits, akin to carbon offsets, might lead to more pollution and greenwashing. However, we believe that, with proper implementation, plastic credits can be a valuable tool in the fight against plastic pollution.
Enval works with Greenback Recyclings Technologies and their innovative eco2veritas platform exemplifies this approach. Designed for full traceability, it tracks the journey of recycled plastic from the picker to the end product, ensuring that each step in the recycling chain is transparent and verified. This method addresses concerns about the efficacy and legitimacy of plastic credits.
Verra and the Plastic Credit Exchange, key players in the plastic credit market, emphasise the potential of these credits to mobilise funds for tackling plastic pollution and support the informal waste sector. However, the recent scrutiny underscores the need for robust and transparent systems like eco2veritas to prevent greenwashing and ensure genuine environmental impact.
By utilising eco2veritas, we guarantee accurate and verifiable claims of plastic credits. This platform not only aligns with our commitment to environmental stewardship but also ensures that we contribute meaningfully to reducing plastic pollution. We see plastic credits not as a panacea but as one of many tools in our arsenal to create a sustainable future.
Greenback CTO Anthony Meadows says, “It is crucial to ensure ethical sourcing of waste and prevent misleading or, worse, fraudulent claims.
This is where eco2Veritas™ comes in. Our blockchain-based evidence system offers complete transparency, certification and traceability throughout the entire circular value chain.”
#PlasticCredits #Sustainability #Recycling #Eco2veritas #EnvalLimited
Learn more here
Click here for articles on plastic credits
https://jamaica-gleaner.com/article/news/20231119/environmentalists-warn-plastic-credits-will-create-more-pollution
http://africasciencenews.org/2023/11/18/plastic-credit-poised-to-scale-up-waste-management-and-recycling-in-africa/
https://carbon-pulse.com/238354/