Recent years have seen the emergence of ‘plastic credit’ schemes. A plastic credit is issued to the developer of a plastic waste collection, recycling and/or recovery project, usually in the form of a certificate representing a specific weight of waste plastic collected, recycled or otherwise managed. This credit can then be sold, either to the voluntary market or as a means (in a small number of countries) of demonstrating regulatory compliance. Plastic credits have been gaining prominence in discussions relating to the United Nations Plastics Treaty as “innovative instruments” to channel funding towards tackling global plastic pollution. Proponents of plastic credits highlight their potential to fund the collection and recovery of plastic waste in countries without sufficient waste management infrastructure, with credits seen as a convenient way to connect suppliers of projects (project developers), who incur costs, with potential buyers who wish, either voluntarily or because they are mandated to in legislation, to contribute financially towards these operations. Recognising the need to investigate the emerging market of plastic credits further, Fauna & Flora commissioned Eunomia Research & Consulting to undertake analysis of plastic credit schemes, and present findings and recommendations.