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

Plastic pollution talks: the key sticking points

Emma Reilly by Emma Reilly
November 26, 2024
in Other
Reading Time: 8 mins read
A A
0
33
SHARES
418
VIEWS
Share on FacebookShare on Twitter

People look through plastic and other debris washed ashore at a beach on Indonesia's resort island of Bali. ©AFP

Busan (South Korea) (AFP) – Nations gathered in Busan, South Korea, have a week to agree on the world’s first treaty to curb plastic pollution, a gargantuan challenge given the major divisions that remain. Here is a look at the key sticking points:

Related

Taiwan tests sea drones as China keeps up military pressure

G7 leaders urge Trump to ease off trade war

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

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

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

**Consensus or Majority**

Divisions between nations are so deep that they have not yet agreed on how any decision will be adopted—by consensus or majority vote. Consensus is the standard for many UN agreements, but it has also hamstrung progress on other accords, notably climate. To avoid gumming up discussions, negotiations are proceeding without resolving this question. But that creates something of a landmine that could detonate at any point during the talks, particularly if countries feel they are losing ground, warned Bjorn Beeler, executive director of the International Pollutants Elimination Network. “Because of the consensus decision-making process, the oil states could still blow up the potential final deal,” he told AFP.

**Production**

The resolution that kicked off the talks urged a treaty that would “promote sustainable production and consumption of plastics.” But what that means is a key point of difference among negotiators. Some countries want the treaty to mandate a reduction of new plastic production and the phase-out of “unnecessary” items, such as some single-use plastics. They note many countries already limit items like plastic bags or cutlery. But other nations, led by some oil-producing states like Russia and Saudi Arabia, have pushed back against any binding reduction call. They insist nations should set their own targets. Saudi Arabia, representing the Arab group of nations, warned in its opening statement against “imposing rigid and exclusionary policies to address complex global issues.” They urged members to focus on a treaty “that balances environmental protection with economic and social development.”

**’Chemicals of Concern’**

The alliance of countries called the High Ambition Coalition (HAC), led by Rwanda and Norway, is pushing for specific measures on so-called chemicals of concern. These are components of plastic that are known or feared to be harmful to human health. The HAC wants “global criteria and measures” for phasing out or restricting these chemicals. But some countries also reject that approach, and lists are also firmly opposed by the chemical and petrochemical industry, which points to an array of existing international agreements and national regulations. “A new global agreement to address plastic pollution should not duplicate these existing instruments and voluntary efforts,” warned the International Council of Chemical Associations. The auto industry says any broad-stroke bans could affect its ability to comply with safety regulations.

**Finance**

Implementing any treaty will cost money that developing countries say they simply do not have. India insists the treaty should make clear that compliance “shall be linked to the provision of the incremental cost” and backs the creation of a dedicated multilateral fund for the purpose. That position may struggle to gain traction, particularly after the hard-fought battle at COP29 climate talks to extract more finance from developed countries. But that is unlikely to sway countries advocating for the funds. Developed countries “have historically benefited from industrial activities related to plastic production,” noted Saudi Arabia, speaking for the Arab group. They “bear a greater responsibility in providing financial and technical support as well as capacity-building for developing countries.”

**Globally Binding or Nationally Determined?**

Will the treaty create overarching global rules that bind all nations to the same standards, or allow individual countries to set their own targets and goals? This is likely to be another key sticking point, with the European Union warning that “a treaty in which each party would do only what they consider necessary is not something we are ready to support.” On the other side are nations who argue that differing levels of capacity and economic growth make common standards unreasonable. “There shall not be any compliance regime,” reads language proposed for the treaty by Iran. Instead, it urges an “assessment committee” that would monitor progress but “in no way” examine compliance or implementation.

© 2024 AFP

Tags: international relationspollutionsustainability
Share13Tweet8Share2Pin3Send
Previous Post

Indonesia rejects Apple’s $100 million investment offer

Next Post

US lawmakers warn Hong Kong becoming financial crime hub

Emma Reilly

Emma Reilly

Related Posts

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
Other

Struggling Gucci owner names new CEO

June 16, 2025
Other

Oil prices drop, stocks climb as Iran-Israel war fears ease

June 16, 2025
Next Post

US lawmakers warn Hong Kong becoming financial crime hub

Compressed natural gas vehicles gain slow momentum in Nigeria

Equity markets retreat, dollar gains as Trump fires tariff warning

Stocks, dollar mixed on Trump tariff warning

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 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.