PlasticUnits

8

Policies tracked

6

In force or adopted

1

Under negotiation

7

Jurisdictions

EU-PPWR

Adopted

Updated Apr 2025

RegulationEuropean Union

EU Packaging and Packaging Waste Regulation

Replaces the 1994 Packaging Directive. Sets mandatory recycled-content targets for plastic packaging (25–35% by 2030), recyclability requirements, and Extended Producer Responsibility obligations across all 27 member states. Includes provisions that may create demand for plastic credits as a compliance instrument.

Relevance to Plastic Credits

Potential driver of demand for plastic credits as a compliance or offsetting mechanism for brands operating in the EU.

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UN-INC

Negotiating

Updated Nov 2024

International TreatyGlobal (UN)

UN Global Plastics Treaty (INC Process)

Intergovernmental Negotiating Committee (INC) process under UNEA Resolution 5/14. Five rounds of negotiations toward a binding global agreement. INC-5 in Busan (Nov 2024) did not reach agreement; INC-5.2 continuation sessions planned for 2025. Core disputes: legally binding production caps vs. waste-management-only approach.

Relevance to Plastic Credits

Could establish plastic credits as a treaty mechanism, or create compliance demand. Outcome remains uncertain.

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EU-CSRD

In Force

Updated Jan 2024

DirectiveEuropean Union

EU Corporate Sustainability Reporting Directive

Requires large EU-listed companies to disclose material sustainability impacts including plastic waste under ESRS E5 (resource use and circular economy). First reporting year: 2025 (FY2024). Supply chain disclosure obligations drive demand for verified plastic footprint data.

Relevance to Plastic Credits

Creates corporate demand for plastic footprint measurement and verified reduction/offset evidence, driving interest in plastic credits.

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INDIA-PWM

In Force

Updated 2022

RegulationIndia

Plastic Waste Management Rules (India)

MoEFCC rules under the Environment (Protection) Act. Bans single-use plastics from July 2022. EPR framework requires producers, importers, and brand owners to register on the CPCB portal and demonstrate plastic waste collection equal to the plastic they put on market. Creates the largest national EPR credit market.

Relevance to Plastic Credits

India's EPR system is one of the world's largest operating plastic credit markets, with Recykal and others acting as marketplace operators.

BASEL

In Force

Updated Jan 2021

International ConventionGlobal (185 parties)

Basel Convention — Plastic Waste Amendments

2019 amendments entered into force January 2021. Place non-recyclable and contaminated plastic waste under the Prior Informed Consent procedure for transboundary shipments. Effectively restricts plastic waste exports from OECD to non-OECD countries, reshaping where ocean-bound plastic collection and recycling projects operate.

Relevance to Plastic Credits

Changes the geography and logistics of ocean-bound plastic projects and international plastic credit supply chains.

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UK-EPR

Adopted

Updated 2025

RegulationUnited Kingdom

UK Extended Producer Responsibility for Packaging

UK EPR scheme shifts the cost of household packaging recycling from councils to producers. Compliance fee payments begin April 2025. PRN (Packaging Recovery Note) system provides credit-like instruments for packaging waste recovery. Modelled on the EU PPWR but with UK-specific thresholds.

Relevance to Plastic Credits

PRN system is an existing form of plastic credit; UK EPR experience informs EU PPWR implementation design.

VERRA-PWRS

In Force

Updated 2023

Voluntary StandardGlobal (voluntary)

Verra Plastic Waste Reduction Standard

Verra's plastic credit standard under the VCS program. Supports plastic credit issuance for collection and recycling projects. Methodology suite covers collection (VM0044), mechanical recycling, and emerging chemical recycling pathways. Each credit represents one tonne of plastic waste collected and diverted from the environment.

Relevance to Plastic Credits

The primary reference standard for plastic credits sold to corporate buyers, and the standard most analysed for compliance linkage under PPWR.

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ID-EPR

Proposed

Updated 2024

RegulationIndonesia

Indonesia Extended Producer Responsibility

Draft EPR regulation under development by Indonesia's Ministry of Environment and Forestry. Would require plastic producers and importers to fund collection and recycling of plastic they put on market. Indonesia is the world's second-largest ocean plastic polluter; EPR implementation would significantly expand certified collection project supply.

Relevance to Plastic Credits

If implemented, would substantially grow the ocean-bound and certified plastic credit supply from one of the highest-leakage geographies.

Policy tracker is updated on a best-efforts basis. Status reflects our editorial assessment as of the date shown and is not legal advice. For binding compliance decisions, consult the official regulatory texts and qualified legal counsel.