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<p>The Government works with public finance institutions such as UK Infrastructure
Bank, British Business Bank, UK Research and Innovation (UKRI), Export Credit Agency
and UK Export Finance, to support investment in green technologies.</p><p> </p><p>Chemical
recycling covers a range of emerging technologies that could potentially offer a complementary
recycling route for plastics where mechanical recycling is impractical or uneconomic.
The Government has funded innovative demonstrator projects, including on chemical
recycling, through UKRI’s Smart Sustainable Plastic Packaging programme. In April
of this year HM Treasury announced plans to consult on whether and how chemically
recycled content could be accounted for in the Plastics Packaging Tax using a mass
balance chain of custody model.</p>
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