This study aims to model scenarios for how the global economy might respond to the proposed “40x40” target in the context of negotiations for a new International Legally Binding Instrument (ILBI) to end plastic pollution.
As the plastics pollution crisis continues to grow by the day, so does the case for a global plastics treaty that tackles the issue head-on and seeks to reduce the production of virgin plastics.
In the (potential) final year of negotiations for a new international legally binding instrument (ILBI) to end plastic pollution, negotiators will meet for its fourth session in Ottawa, Canada from 23-29 April.
In March 2022, the United Nations Environment Assembly (UNEA) adopted resolution 5/14 titled “End Plastic Pollution: Towards an International Legally Binding Instrument.” The resolution convenes an intergovernmental negotiating committee (INC) to develop a new global agreement combatting plastic pollution, otherwise referred to as the global plastics treaty (GPT).
Plastics are ubiquitous in today’s world. The widespread use of plastics means plastic pollution comes from various sectors and industries, all of which use the material for bespoke applications with varying levels of risk when it comes to emissions into the environment and all of which require tailored interventions to mitigate these risks.
Plastics are ubiquitous in wild-capture fisheries and aquaculture, polluting land and sea, causing navigational hazards, blighting the coastal landscape and impacting communities and tourism when it washes ashore while often continuing to entangle and kill marine species as well as contaminating seafood for human consumption.