CSR26 is a unique annual "Plastic Credit" and is set to follow the precedent established by the “Carbon Credit.” Its distribution is directly tied to the actual removal of plastic waste by Corsair and its contributing partners. Plastic waste is a significant global challenge, and Corsair provides a solution. We address this issue by collecting plastic waste and converting it into Advanced Bio-oil, which can then be used to produce new plastic products. As a result, plastic waste is effectively recycled. CSR26 is only released when plastic waste removal is undertaken—loosely analogous to a “Proof of Work” concept. Corsair is not a startup; it currently operates recycling facilities in Bangkok, Finland, and Sri Lanka with additional locations planned for Europe, the US, and Canada.
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