Business Needs Global Rules Video | The Sequel

Imagine if all businesses played by the same rules.

It’s not just good for business, it’s good for all of us.

Business Needs Global Rules.

Watch our latest video to find out what kind of global rules are urgently needed to effectively tackle plastic pollution. 

As we are rapidly approaching the fifth and last planned round of negotiations (INC-5) in November in Busan, Republic of Korea, the +240 members and endorsers of the Business Coalition for a Global Plastics Treaty are calling for a legally binding treaty that is underpinned by harmonised regulations in order to tackle the entire lifecycle of plastic products. 

Together, they share an ambition to work towards a circular economy in which plastic never becomes pollution, and the value of products and materials is retained in the economy. 

To deliver on an ambitious treaty in line with UNEA resolution 5/14, we need an agreement at INC-5 that, as a minimum, includes the following:

1. A set of common obligations to address problematic and avoidable plastic products, chemicals of concern and product design that should be complemented by a commitment of governments to implement effective Extended Producer Responsibility (EPR) and waste management policies.

1. A comprehensive package to support the implementation of the treaty, including through the use of different mechanisms to mobilise both public and private finance.

1. A mandate to develop sector-specific programmes of work, so that key provisions in the treaty can be implemented for plastic applications where there is sufficient alignment, such as packaging and fishing gear to start with.

1. A sound mechanism for reporting, monitoring of progress and evaluating the treaty’s effectiveness on a regular basis, with the possibility for the governing body of the treaty to further strengthen policy measures over time.

Find out more about our ambition for the treaty ahead of INC-5 here

Watch our previous video here