Disclosed herein is a method for facilitating generation of a carbon offset based on processing of a recyclable item. Accordingly, the method may include receiving, using a communication device, transportation data associated with transportation of at least one recyclable item from at least one first device. Further, the method may include analyzing, using a processing device, the transportation data. Further, the method may include determining, using the processing device, a carbon value associated with the transportation of the at least one recyclable item based on the analyzing. Further, the method may include generating, using the processing device, a net CO2e offset associated with the at least one recyclable item based on the carbon value. Further, the method may include storing, using a storage device, the net CO2e offset associated with the at least one recyclable item in a distributed ledger.