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The Ellen MacArthur Foundation, in partnership with WWF, commissioned a study that assesses the impact of an ambitious, effective, and legally binding global plastics treaty on Micro-, Small-, and Medium-sized Enterprises (#MSMEs) across the #plastic #packaging value chain. According to the announced release of the study, it is intended as a first exploration with both useful insights and a call for further research and investigation into this important challenge. Overarching, the study found: - Policymakers can be confident that there is broad support among MSMEs for an ambitious and legally binding plastics treaty, and - Global rules can unlock significant opportunities and benefits across the MSME landscape, if implemented effectively and fairly in the plastics treaty. The study concludes that in order to ensure that MSMEs harness the expected benefits over time, any binding UN treaty should establish specific policy measures that support MSMEs in managing the transition, such as differentiated implementation timelines and dedicated financing for MSMEs. Resonance continues to monitor research and critical dialogue focused on plastics pollution including innovative solutions. We have a vested interest that includes our role as an implementing firm for The CIRCLE Alliance—Catalyzing Inclusive, Resilient, and Circular Local Economies—a collaboration between the U.S. government via USAID and leading businesses, including founding partners Unilever and EY, to invest in solutions to reduce plastic use, tackle plastic waste, and drive the development of circular economies. This study and its contributions are important in this ongoing examination and can be found in PDF format here: https://lnkd.in/eRPdXAR6 More on The CIRCLE Alliance: https://lnkd.in/e5S84V9V Published Resonance Insights on Plastics:  The Circle Alliance: A New Multi-Stakeholder Collaboration to Address Plastic Pollution by Laurie Pickard: https://lnkd.in/ennZWg6i Recycling and the Circular Economy by Natalie Kra, MBA/MENV Kra: https://lnkd.in/gTadJDta 5 Best Practices to Combat Ocean Plastic by Charlotte Mack-Heller https://lnkd.in/ekR2qYTE

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Sadia Khawar

Inclusive Leader | Systems Thinker | Entrepreneurial Mindset | Economic Growth | Private Sector Engagement | Enterprise Development | Project Management | Proposal Development

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Ahsan E. this report and these resources might be of interest to you.

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