Short Description

  • It was meant to be the world's first global plastic neutral scheme using blockchain.

Long Description

BCDC, through its RecycleToCoin project, launched the scheme. It allowed, through its partners like the Plastic Disclosure Project (PDP), everyday families and companies all over the world to first calculate and then offset their entire annual plastic footprint. Unlike the often-controversial carbon offset schemes which can seem intangible, BCDC’s Global Plastic Offset Scheme will only support projects proven to tackle plastic pollution; while supporting others which will help reuse current and future plastics. Its funding will also be recorded on the immutable blockchain; so, there will be full accountability to all stakeholders.

Plastic Positive Projects
The projects that your subscription money goes into will include incentivised recycling for consumers and companies, encouraging everyone to make the change needed when disposing of plastics which are readily recyclable. They will also include projects by our partners to reduce plastic pollution in the environment for plastics which are recyclable and also hard to recycle plastics.

The Global Plastic Neutral Scheme will also support and operate “New Life Solutions” around the world to divert plastic (both recyclable and non-recyclable) in the future from ending up in landfill or the environment. In the case of non-recyclable plastic; turning that and other types of hard to recycle plastic into new, usable materials or products.

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