The BC appreciates the Chair’s efforts to prepare an ‘Aid to Negotiations’ and welcomes renewed momentum and progress towards the conclusion of a Global Plastics Treaty. We recognise that this is an ongoing process and encourage all parties to collaborate with stakeholders and build on the foundation outlined in the Aid to Negotiations.
We are pleased to see that the Aid to Negotiations includes measures on many of the Business Coalition’s priority issues, including standalone articles on problematic products & chemicals of concern and plastic product design, global obligations around EPR, the need for robust financing mechanisms, and the reflection of the role of informal waste workers in advancing a circular economy. As companies continue to play their part in addressing plastic pollution, we look forward to seeing further progress towards the inclusion of common obligations that would support a globally harmonized regulatory environment that avoids fragmentation, reduces unnecessary compliance complexity, and provides long-term policy and investment certainty.
Harmonised rules, stronger economies. A treaty underpinned by harmonised regulation across the full lifecycle of plastics offers the lowest-cost and most effective way to help end plastic pollution. The best available evidence shows it would more than halve mismanaged plastic waste by 2040, generate USD 576 billion in EPR revenues to fund much-needed infrastructure and alleviate pressure on public budgets, and add 2.6 million jobs across the plastics value chain. Fragmented approaches deliver a fraction of that, at far higher cost to our economies, our communities and our environment.
Businesses are calling on countries to align on the most effective policies that will help end plastic pollution. As negotiations continue, we encourage Member States to build on the foundation of the Aid to Negotiations by retaining references to global standards and science-based environmental and technical feasibility considerations, while further strengthening areas that can support greater regulatory alignment across markets. Clarity across these provisions would enable businesses to more effectively:
We encourage negotiators to keep these benefits and opportunities in mind as they prepare for the next informal in-person Heads of Delegation meeting at the end of September. The Business Coalition stands ready to support along the path to finalization of this global instrument and for successful implementation after adoption. There's no time to waste.
The BC appreciates the Chair’s efforts to prepare an ‘Aid to Negotiations’ and welcomes renewed momentum and progress towards the conclusion of a Global Plastics Treaty. We recognise that this is an ongoing process and encourage all parties to collaborate with stakeholders and build on the foundation outlined in the Aid to Negotiations.
We are pleased to see that the Aid to Negotiations includes measures on many of the Business Coalition’s priority issues, including standalone articles on problematic products & chemicals of concern and plastic product design, global obligations around EPR, the need for robust financing mechanisms, and the reflection of the role of informal waste workers in advancing a circular economy. As companies continue to play their part in addressing plastic pollution, we look forward to seeing further progress towards the inclusion of common obligations that would support a globally harmonized regulatory environment that avoids fragmentation, reduces unnecessary compliance complexity, and provides long-term policy and investment certainty.
Harmonised rules, stronger economies. A treaty underpinned by harmonised regulation across the full lifecycle of plastics offers the lowest-cost and most effective way to help end plastic pollution. The best available evidence shows it would more than halve mismanaged plastic waste by 2040, generate USD 576 billion in EPR revenues to fund much-needed infrastructure and alleviate pressure on public budgets, and add 2.6 million jobs across the plastics value chain. Fragmented approaches deliver a fraction of that, at far higher cost to our economies, our communities and our environment.
Businesses are calling on countries to align on the most effective policies that will help end plastic pollution. As negotiations continue, we encourage Member States to build on the foundation of the Aid to Negotiations by retaining references to global standards and science-based environmental and technical feasibility considerations, while further strengthening areas that can support greater regulatory alignment across markets. Clarity across these provisions would enable businesses to more effectively:
We encourage negotiators to keep these benefits and opportunities in mind as they prepare for the next informal in-person Heads of Delegation meeting at the end of September. The Business Coalition stands ready to support along the path to finalization of this global instrument and for successful implementation after adoption. There's no time to waste.