EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

‘Moment of truth’ for world-first plastic pollution treaty

Emma Reilly by Emma Reilly
November 22, 2024
in Other
Reading Time: 8 mins read
A A
3
40
SHARES
499
VIEWS
Share on FacebookShare on Twitter

Plastic pollution litters our seas, our air and even our bodies, but negotiators face an uphill battle next week to agree on the world's first treaty aimed at ending the problem. ©AFP

Bangkok (AFP) – Plastic pollution litters our seas, our air, and even our bodies, but negotiators face an uphill battle next week to agree on the world’s first treaty aimed at ending the problem. Countries will have a week in South Korea’s Busan from Monday to round off two years of negotiations. They remain deeply divided on whether the deal should limit plastic production and certain chemicals, and even if the treaty should be adopted by majority vote or consensus.

Related

Swiss insurers estimate glacier damage at $393 mn

Brazil sells rights to oil blocks near Amazon river mouth

Taiwan tests sea drones as China keeps up military pressure

G7 leaders urge Trump to ease off trade war

Oil prices jump, stocks drop as traders track Israel-Iran crisis

The talks are a “moment of truth,” UN Environment Programme chief Inger Andersen warned this month. “Busan can and must mark the end of the negotiations,” she insisted, in a nod to growing speculation that the process could be extended. She acknowledged that serious differences remain, urging “more convergence” on the most difficult areas. “Everyone wants an end to plastic pollution,” she said. “Now it is up to member states to deliver.”

There is little dispute about the scale of the problem. In 2019, the world produced around 460 million tonnes of plastic, a figure that has doubled since 2000, according to the Organisation for Economic Co-operation and Development. Plastic production is expected to triple by 2060.

– Fault-line –

More than 90 percent of plastic is not recycled, with over 20 million tonnes leaking into the environment, often after just a few minutes of use. Microplastics have been found in the deepest parts of the ocean, the world’s highest mountain peaks, and just about every part of the human body. Plastic also accounts for around three percent of global emissions, mostly linked to its production from fossil fuels.

The main fault-line in talks is where to tackle the problem. Some countries, including the so-called High Ambition Coalition (HAC) that groups many African, Asian, and European nations, want to discuss the entire “lifecycle” of plastics. That means limiting production, redesigning products for reuse and recycling, and addressing waste. On the other side are countries, largely oil producers like Saudi Arabia and Russia, who want a downstream focus on waste alone. The HAC wants binding global targets on reducing production and warned ahead of the Busan talks that “vested interests” should not be allowed to hamper a deal. The divisions have stymied four previous rounds of talks, producing an unwieldy document of over 70 pages. The diplomat chairing the talks has produced an alternative document intended to synthesise the views of delegations and move negotiations forward.

– ‘Expectations are high’ –

It is a more manageable 17 pages and highlights areas of agreement, including the need to promote reusability. However, it leaves the thorniest issues largely unaddressed. A European diplomat, speaking on condition of anonymity, warned the document was “not ambitious enough” on a range of subjects. The assessment from the Center for International Environmental Law was blunter: “The text would deliver an ineffective and useless treaty and it would fail to adequately address the plastic crisis.”

Key to any agreement will be the United States and China, neither of which have openly sided with either bloc. Earlier this year, Washington raised hopes among environmentalists by signalling support for some limits on production, a position that is reportedly now being rowed back. The election of Donald Trump has also raised questions about how ambitious the US delegation will be, and whether negotiators should even bother seeking US support if a treaty is unlikely to be ratified by Washington.

Some plastic producers are pushing governments to focus on waste management and reusability, warning production caps would cause “unintended consequences.” But others back a deal with global standards, including on “sustainable” production levels.

“Expectations are high ahead of Busan,” said Eirik Lindebjerg, global plastics policy lead at conservation group WWF. An “overwhelming majority” of countries already back binding rules across the plastic lifecycle, he told AFP. “It is now up to the leaders of those countries to deliver the treaty the world needs and not let a handful of unwilling countries or industry interests stop this.”

© 2024 AFP

Share16Tweet10Share3Pin4Send
Previous Post

Most markets track Wall St gains, bitcoin closes on $100,000

Next Post

‘Primitive’ beers draw crowds at Belgian brewery

Emma Reilly

Emma Reilly

Related Posts

Other

Oil prices rally, stocks mixed as traders track Israel-Iran crisis

June 17, 2025
Other

Venezuela’s El Dorado, where gold is currency of the poor

June 17, 2025
Other

Oil prices jump after Trump’s warning, stocks extend gains

June 17, 2025
Other

Despite law, US TikTok ban likely to remain on hold

June 16, 2025
Other

OpenAI wins $200 mn contract with US military

June 16, 2025
Other

G7 leaders urge Trump to ease off trade war

June 17, 2025
Next Post

'Primitive' beers draw crowds at Belgian brewery

Irish economy faces the test of Trump's protectionism

German GDP downgraded in new blow for struggling economy

Stock markets diverge, dollar gains amid escalating geopolitical tensions

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US retail sales slip more than expected after rush to beat tariffs

June 17, 2025

Taiwan tests sea drones as China keeps up military pressure

June 17, 2025

G7 leaders urge Trump to ease off trade war

June 17, 2025

Oil prices rally, stocks slide as traders track Israel-Iran crisis

June 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.