SourceMaterial @source-material.org · Aug 21

The World Bank’s answer? Plastic credits. Companies buy offsets and the money is used to fund recycling projects, so that polluters can claim to be “plastic neutral.” But Bamfo says it hasn’t slowed the flood of waste—or helped the waste pickers scraping by on cents per kilo.

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SourceMaterial · Aug 21

Projects like the Asase Foundation, funded by the World Bank, turn sachets into pellets and “plastic lumber”. But picker leaders say these schemes sideline their work leaving the real problem—unchecked plastic production—untouched. One researcher calls credits a “game of greenwashing”.