Public Consultation: Plastic Waste Reduction Program, and the Guidelines for Leadership in Plastic Accounting

Online • 19. October 2020

Public Consultation: Plastic Waste Reduction Program, and the Guidelines for Leadership in Plastic Accounting

Through Plastic Credits corporations can address the plastic waste they cannot yet eliminate. BVRio wishes to announce public consultation on the market-based approach to transparently and sustainably increase the value of plastic waste. They would particularly appreciate feedback from other plastic crediting systems make sure that the guidelines are suitable for everyone.

The Plastic Waste Collection and Recycling Methodologies set out eligibility and accounting requirements for informal and formal plastic waste collection and new or expanded mechanical recycling infrastructure, respectively. We need your input to ensure that the methodologies address relevant challenges and include robust accounting procedures for plastic waste collection and recycling projects around the world. For more information on the methodologies, how they fit into the Plastic Program, and links to the consultation documents, see the Verra website.

Projects developed under the Plastic Program will accelerate and scale up the removal of plastic waste from the environment and increase plastic recycling. However, the Plastic Credits generated by those projects must be used together with corporate actions to reduce plastic footprints and waste. The 3R Initiative is working with partners to document best practices for corporate plastic stewardship, including guidance on how to make plastic waste leadership claims that involve use of Plastic Credits. We would appreciate input on the metrics for footprint and leakage assessment, mitigation measures and claims proposed in the draft version of the Guidelines for Leadership in Corporate Plastic Accounting, as well as the types of plastic credits that can be used. The draft Guidelines and a comment template are available here.

The public comment periods are open from 7 October through 8 November. Thank you in advance for your time. We look forward to your feedback!

 

Photo: BVRio