In plain English
Plastic Waste Collection
Plastic Waste Collection is a reduction method run by Verra Verified Carbon Standard. People often refer to it by its code, PWRM0001. It works in the plastic waste space.
In short
Plastic Waste Reduction Standard: credits for verified collection of plastic.
What it is
PWRM0001 sets out eligibility criteria and accounting procedures for plastic waste collection projects under Verra's Plastic Waste Reduction Program. It applies to activities that collect plastic waste and direct it to appropriate end destinations, which the applicability conditions list, including recycling and controlled disposal such as landfills. Projects quantify the additional quantity of plastic waste collected relative to a baseline. Each credit is a Waste Collection Credit representing one tonne of plastic waste collected.
What it rewards
The reward is a credit called a Waste Collection Credit (WCC). One credit stands for one tonne of material. One tonne of CO₂-equivalent verified-and-issued. A whole period of work is issued as one batch of credits at a time, in the same way a registry issues a batch.
What gets measured
To earn WCC credits, a project has to measure and prove a few things. An independent reviewer checks the evidence before any credits are issued.
The baseline: what would most likely have happened to the land or the emissions if the project had not gone ahead.
The activity data for the period, with clear units and a clear source for every number.
The net result actually achieved, checked by an independent reviewer before any credits are issued.
Who takes part
Standard Registry. Owns the policy, approves participants, anchors each issuance to its evidence.
Project Proponent. Registers the project and submits monitoring reports.
Validation & Verification Body. Independently validates the design and verifies monitored data.
How it works
- 1
The project team registers the project and its plan.
- 2
An independent reviewer checks that the plan is sound and that the benefit is real and would not have happened anyway.
- 3
The team looks after the site and measures the agreed indicators over time.
- 4
The independent reviewer verifies those measurements.
- 5
Credits are issued for the verified result, and a buyer can retire a credit to claim the benefit once.
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