Investments & Transactions
Funding rounds, deal flow, and market intelligence on the plastic credits and circular plastics investment sector.
~$820M
Total market volume 2024
+34%
Year-on-year growth
340+
Active certified projects
47
Countries with projects
Recent Transactions
$14M
Series A
GreenLoop Capital
Singapore-based project finance vehicle for plastic credit projects in APAC. Led by Temasek sustainability arm.
$28M
Series B
reCLEAN Technologies
Chemical recycling (pyrolysis) startup generating Verra-registered plastic credits. Targeting 50,000 t in year one.
$10M
Fund
South Pole Plastic Credit Fund
South Pole launches dedicated plastic credit fund investing in certified collection and recycling projects.
£200M
Nature Capital Fund
Climate Asset Management
Nature capital fund with plastic credit project allocation. Joint venture between HSBC Asset Management and Pollination.
$22M
Series A
CleanHub
German plastic collection platform raises growth capital to expand operations in India and Southeast Asia.
Market Segments
Project Finance
Capital to develop, certify, and scale plastic collection and recycling projects. Typically structured around forward credit sales.
~$180M deployed in 2024
GreenLoop Capital · South Pole · Verra Project Developers
Credit Trading
Bilateral OTC transactions between project developers and corporate buyers. No central exchange exists yet.
~$500M transacted in 2024
South Pole · ClimateCare · rePurpose Global · CleanHub
Infrastructure
Collection hubs, sorting facilities, and recycling equipment funded to create certified project supply.
~$120M deployed in 2024
Plastic Bank · rePurpose Global · Prevented Ocean Plastic
Technology
Digital MRV platforms, blockchain traceability, and recycling technology companies targeting plastic waste streams.
~$80M raised in 2024
reCLEAN Technologies · Plastic Bank · CleanHub · Recykal
The Investment Thesis
The plastic credits market is where carbon was in 2008.
Systemiq projects the market reaches $4.8 billion by 2030, driven by EU PPWR compliance demand, expanding corporate plastic neutrality commitments, and potential treaty-linked compliance requirements. The voluntary carbon market was approximately $500M in 2008; it reached $2B by 2021. Plastic credits are following a comparable trajectory — with the added driver of regulatory mandates.
Key risk factors: standard fragmentation, verification integrity, and the absence of a centralised price benchmark. Infrastructure investment in MRV technology and project finance vehicles is addressing the supply-side bottleneck that currently constrains market growth.