Sustainable Development Goals (SDG) 12: Responsible consumption and production and 14: Life Below Water coincide in the targeting of the problem of plastic marine litter, which has been garnering immense media attention in the recent years. In the Bangkok Declaration of 2019, the Association of Southeast Asian Nations (ASEAN) vowed to significantly reduce marine litter. Efforts to reduce unnecessary plastic consumption have been seen in social movements, corporate policies and most noticeably, in regulatory control in the form of bans for specific types of single-use plastic items. A paradox exists as, arguably, civilization cannot sustain its current developmental momentum without the use of plastics, especially with the COVID-19 pandemic demanding higher levels of hygiene. This is the argument that is seen coupled with mass bans of single-use plastics, including packaging material and personal protective equipment. Corporate engagement to manage the plastic value chain in ways that commit to the creation of circular economies is attaining popularity. While reduction and substitution are being considered, the status quo of the scale of the production of plastics is still expected for the next few years as life cycle assessments (LCA), test trials of consumer acceptance towards novel delivery mechanisms and other forms of innovation are emerging. The reduction of plastics in the private-sector is allegedly ongoing but intangible in Southeast Asia. While recovery and collection innovations are underway for application and picking up speed, an unfathomable rate of marine litter entering waterways is still aggravating the bigger-than-ever problem of plastic marine debris in Southeast Asia. Responsible production has long adopted the concept of credits. Carbon credits are the most notable one, while palm oil credits are also prominently purchased by manufacturers to offset any palm oil content that is not yet sourced from certified sustainable suppliers. The concept of credits for plastics has been proposed but remains much less explored than their counterparts for other commodities. “Plastic neutrality” in the form of credit purchasing by manufacturers could likely be the final missing piece of the puzzle picturing a circular economy. In theory, the credit system could serve as an offsetting mechanism to recover from nature an equivalent or higher amount of plastics to be produced by the credit-purchasing responsible manufacturer. This paper explores how plastic neutrality through Plastic Credits, similar to the existing carbon and sustainable palm oil credits, could be applied in Southeast Asia.
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Maggie Ka Ka Lee (2021) studied this question.
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