The Revolutionary Impact of Verified Plastic Credit Schemes: A Catalyst for Sustainable Business Practices and Community Empowerment in Developing Countries

Ebenezer Laryea (), Eziamaka Nwakile, Alireza Daneshkhah and Amin Hosseinian-Far
Additional contact information
Ebenezer Laryea: University of Northampton
Eziamaka Nwakile: Coventry University
Alireza Daneshkhah: Coventry University
Amin Hosseinian-Far: University of Hertfordshire

A chapter in Contemporary Sustainable Organisational Practices, 2024, pp 103-116 from Springer

Abstract: Abstract As the planet continues to grapple with pressing environmental and social challenges resulting from climate change, the need for businesses to take innovative and non-conventional actions to address these issues grows ever more apparent. Plastics are versatile and durable materials that have become integral to our everyday lives. Whilst this is true, the pollution caused by plastic waste and the carbon emissions associated with its production and disposal come at a significant cost to the environment. This chapter assesses the potential revolutionary role that plastic credit schemes with robust verification protocols can play in instilling confidence among businesses to fund projects aimed at offsetting carbon emissions through plastic pollution interventions. The chapter explores the potential of these schemes to make a tangible impact in vulnerable communities while simultaneously addressing environmental concerns. Additionally, the use of blockchain technology to enhance the traceability of plastic waste is discussed.

Keywords: Plastics; Waste management; Credit scheme; Blockchain; Traceability (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-031-62474-2_8

Ordering information: This item can be ordered from
http://www.springer.com/9783031624742

DOI: 10.1007/978-3-031-62474-2_8

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().