News / #plastic credits
Multinational consumer goods brands have gone cold on recycled plastic – now priced higher than virgin – and look likely to miss their 2025 recycling targets. Recyclers in Asia are suffering as a result, particularly waste pickers at the vulnerable end of the value chain.
Companies and other entities are buying 'plastic credits' allowing them to offset every ton of plastic they make with an equivalent amount of plastic waste collected and taken out of the environment elsewhere — often in poor nations lacking waste management programs.
The country's extended producer responsibility act aims for informal waste pickers to earn more by allowing the recovery of plastics that did not have any value in the past. But is the price of hard-to-recycle flexible plastic high enough for a "just transition" for waste pickers?
The world can save trillions of dollars and cut contamination by 80 per cent using existing technology, but the effort needs big policy moves, says a report released ahead of another round of talks for a legally-binding plastic treaty.
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![Bails of paper await processing at Tay Paper Recycling's facility in Tuas, western Singapiore.]()
Berita / Manajemen Sampah
Singapore recycling firm Tay Paper set to close
The 34-year-old firm is under judicial management. It made a name for itself by recycling millions of red … -
![Singapore's Extended Producer Responsibility scheme will require all importers and manufacturers of beverage containers in Singapore to collect most of the products they sell to consumers. Industry players led by Coca-Cola have opposed the scheme, citing cost and other concerns.]()
Berita / Manajemen Sampah
Singapore’s polluter-pays scheme faces further delay amid concern over industry stalling tactics
Eksklusif The city-state's beverage container return scheme has been pushed back beyond its launch date – the latest in … -
![A family living in the northern part of Jakarta, the world’s fastest sinking metropolis, gets on with life as their home is flooded.]()
Berita / Perkotaan
Stay or go? Jakarta’s coastal communities mull adaptation or migration as the city sinks
As Indonesia's capital is slowly claimed by the Java Sea, thousands of people are losing their homes and … -
![Muhktar Babayev]()
Berita / Kebijakan & Keuangan
COP29 presidency reiterates commitment to Paris Agreement as Azerbaijan defends oil and gas expansion
As COP29 president Mukhtar Babayev outlined climate plans for the upcoming talks, Azerbaijan president Ilham Aliyev said at … -
![Desmond Lee Andie Ang Sankar]()
Berita / Perkotaan
Tighten legal ambiguity, protect more forests: Singapore conservationists issue wishlist to government
Key asks include looking into having two new nature parks, along with explicit safeguards for the airspace above … -
![InfiniteEarth Rimba Raya monkey]()
Berita / Kebijakan & Keuangan
Verra validated by carbon market watchdog after ‘significant’ procedural changes
The standards organisation accused of approving “worthless” credits last year got an endorsement for meeting the ICVCM's quality …
