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Packaging You Can Trust: Food-Grade, Plant-Based, Compostable, & Proudly Made in the USA

Climate Week NYC 2025: Carbon Credit Demand Rises 15-Fold by 2030

  • NextGen Bioplastics Team
  • Sep 25
  • 2 min read

Article title image: NextGen Insights: The Carbon Credit Crunch

In the thick of Climate Week NYC 2025, one thing is clear: corporate net-zero goals for 2030 are no longer aspirational. They're driving real business decisions today.


The 2030 Carbon Crunch

The numbers are staggering, by 2030:


  • Carbon credit demand is projected to rise 15x (McKinsey, 2021)

  • Annual demand may reach up to 100 MtCO₂ (McKinsey, 2024) 

  • Voluntary carbon market projected to reach $7-35B (MSCI, 2024)


Carbon concerns stood out repeatedly this Climate Week: companies are struggling to account for Scope 3 emissions, and the carbon footprint from packaging plays a significant role. Even with aggressive reduction targets, residual emissions from fossil-fuel-based packaging will require expensive carbon offsets. And the pressure is only increasing.


What is Scope 3?
Indirect emissions from your entire value chain: suppliers, packaging, transportation, and waste. Often 70% of total corporate emissions.

🚨 Compliance Alert (SB 253): Starting in 2026, companies earning more than $1B doing business in California must publicly disclose Scope 1, 2, and 3 emissions. Penalties for non-compliance can reach $500,000.


This is no longer voluntary. It's enforceable!


The Sustainable Packaging Advantage

Here's where the conversation gets interesting: companies are realizing that truly biodegradable packaging is more than an environmental responsibility; it’s an accounting strategy.


NextGen Bioplastics' industrial hemp-based packaging offers unique advantages:


  • 🌱 Sequesters carbon during crop growth

  • 🏭 Generates carbon credits during the production process

  • ♻️ Reduces Scope 3 emissions through compostable end-of-life


Many discussions point to the same conclusion: the market is ready for packaging solutions that deliver performance, ESG alignment, and financial value.


The Bottom Line

As carbon offset costs rise and climate disclosure laws expand, sustainable packaging is no longer just the right choice; it’s the smart business choice. 


Contact us to explore sustainable plant-based packaging solutions:



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