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Three actions businesses can take to strengthen the global plastics treaty

Navigating the Path to a Global Treaty on Plastic Pollution: Insights and Recommendations from Recent Meetings

The process toward a Global Treaty on Plastic Pollution is at a critical juncture, with the next negotiating meeting set to take place in November in South Korea. The recent meetings in Ottawa in April saw two groups offering useful guidance for businesses and policymakers to advance towards the expected final treaty in December.

The urgency to address plastic pollution globally is highlighted in new reports from the Organisation for Economic Cooperation and Development (OECD) and advisory firm Systemiq. Current policies have not been effective in significantly altering trends in plastic flows and pollution, according to the OECD’s interim report. Systemiq’s report, “Plastic Treaty Futures,” explores the environmental, economic, and social implications of various treaty scenarios.

Key takeaways from the reports emphasize the need for global action among nations to address the entire lifecycle of plastics, not just waste management. Recommendations include acting promptly on plastic pollution, coordinating efforts among countries, intervening throughout the lifecycle of plastics, and dispelling fears of economic disruption.

Companies are urged to join initiatives like the Business Coalition for a Global Plastics Treaty and set targets for reducing virgin plastic use. With the negotiations ongoing, companies can play a crucial role in influencing the final treaty language, aligning with industry organizations, and preparing for future compliance with national plans and policies.

As the push for a Global Treaty on Plastic Pollution gains momentum, it is essential for businesses to actively engage in efforts to combat plastic pollution and support sustainable practices across the entire lifecycle of plastics. By working together with policymakers and other stakeholders, companies can contribute to a cleaner and healthier environment for future generations.

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