The National Greenhouse Gas Voluntary Emission Reduction Trading Market (CCER) was officially launched on January 22. It is reported that on the day of CCER's launch, the total transaction volume reached 375,315 tons and the total transaction amount reached 23,835,280 yuan.

In July 2023, the European Commission issued a proposal for a regulation on End-of-Life Vehicles (ELV), which proposed that new cars should contain at least 25% recycled plastics. In response to the challenge, Life Recycling New Materials (Jiangsu) Co., Ltd. (hereinafter referred to as "Life Recycling") launched a 70% PCR automotive interior door trim material solution to help Chinese cars go global.

Berry Global has launched an upgraded version of the film used to preserve fresh food, Omni extra polyethylene film, which has excellent mechanical properties while reducing weight and being recyclable. This recyclable PE film is expected to become a substitute for traditional PVC film.

On January 4, 2024, German TUV Rheinland Greater China awarded TCL Huaxing Optoelectronics Technology Co., Ltd. a 23.8-inch display module "product containing recycled materials" certification. The recycled material content of this display module reaches 51.5%.

Dubai will ban single-use plastic bags from January 1, 2024. This resolution, officially implemented by Dubai Crown Prince Sheikh Hamdan bin Mohammed, aims to promote an environmentally friendly lifestyle, encourage companies to use recycled products and measures that are conducive to the local sustainable recycling and circular economy.

The Association of Plastic Recyclers (APR) recently announced that six new packaging components are eligible for its Preferred Design Recognition (PDR) program, formerly known as Compliant with Preferred Guidelines (MPG). The organization said the APR Design Recognition program ensures that products are compatible with North American recycling systems through third-party verification and receive preferred status based on the APR Plastics Design Guidelines for Recyclability.

Walkers has announced a transformation of its Sunbites range with the launch of new packaging made from recycled plastic, with the entire range now classified as non-HFSS. The new packaging is made from 50% recycled plastic, sourced using a mass balance approach, which means purchasing and using enough mass balance of recycled plastic material to eliminate 200 tonnes of fossil-based plastic in Sunbites packaging by the end of 2025.

To drive the global chemical industry to achieve net zero emissions by 2050, the World Economic Forum has promoted and led the Low Carbon Emission Technology (LCET) initiative for more than three years and has now relaunched it as the Global Impact Alliance.