Countries Negotiate a Global Plastics Treaty as Oil Majors push back on binding targets

The first round of negotiations on a global plastics treaty ended last week with an agreement to end plastic pollution but a split on whether goals and efforts should be global and mandatory, or voluntary and country-led. Ghana, as part of the High Ambition Coalition of more than 40 countries, pushed for the treaty to be based on mandatory global measures, including curbs on production. Large oil companies have a major stake in plastic production and are seeking to push back on any measures to curb the production of virgin plastics. Carbon Tracker have said that removing plastic out of the fossil-fuel equation will fight against the narrative that demands for oil are on the rise.

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