• 2026.03.10 (Tue)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > World

Global Nations Gather in Busan to Forge a Binding Plastic Treaty

ONLINE TEAM / Updated : 2024-11-26 18:53:04
  • -
  • +
  • Print


 Over 175 countries and 600 civil society organizations have convened in Busan, South Korea, for the fifth session of the Intergovernmental Negotiating Committee (INC) to draft a legally binding international treaty to end plastic pollution. The five-day meeting, from November 25 to December 1, aims to address the pressing global issue of plastic waste and its detrimental impacts on human health and the environment.

A key point of contention in the negotiations is the regulation of synthetic polymer production. While many countries support stricter regulations on the plastics industry, others, particularly those with significant petrochemical industries, are hesitant to implement measures that could hinder their economic growth.

Inger Andersen, Executive Director of the United Nations Environment Programme (UNEP), emphasized the critical nature of these negotiations. “This is a pivotal moment in our efforts to tackle the plastic pollution crisis,” she said. “I hope that we can leave this meeting with the start of an ambitious global treaty.”

Andersen outlined three key objectives for the negotiations: identifying harmful plastic chemicals, promoting sustainable plastic production and consumption, and establishing an international financial mechanism to address long-term plastic waste management.

When asked about regulating plastic production, Andersen acknowledged the complexity of the issue but emphasized the need to focus on regulating harmful chemicals and building on areas of consensus.

Luis Fernando Ayala, Chair of the INC, stressed the urgency of addressing plastic pollution. “Plastic pollution is one of the most pressing global environmental challenges of our time,” he said. “Through these negotiations, we can make a turning point for the health of humanity and our planet, and pave the way for a sustainable future.”

Ayala highlighted that plastic pollution results in 8 to 10 million metric tons of plastic waste entering the ocean each year, causing economic losses of up to $2.5 trillion annually. He expressed optimism that the negotiations would foster innovation in the plastics industry and drive sustainable economic growth.

The negotiations come amid growing public pressure to address the plastic crisis. A petition signed by over three million people has called for a strong international treaty to reduce plastic production and protect human health and the environment. Environmental groups such as Greenpeace, WWF, and Break Free from Plastic have issued statements urging negotiators to overcome resistance and include strong provisions in the treaty.

As the world grapples with the consequences of plastic pollution, the outcome of these negotiations will have far-reaching implications for the planet and future generations.

[Copyright (c) Global Economic Times. All Rights Reserved.]

ONLINE TEAM
ONLINE TEAM
Reporter Page

Popular articles

  • Samsung Electronics Hits Historic High of 180,000 Won, Securing Market Leadership with World’s First HBM4 Mass Production

  • The Great Digital Divide: Average YouTuber Earnings Hit ₩71 Million as Top 1% Soar to ₩1.3 Billion

  • The South Korean AI Basic Act: A Boon for Innovation or a Gift to Global Big Tech?

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065606752427347 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • KEXIM Ignites 'K-Finance' with 450 Billion Won Support for Taihan Cable’s Submarine Plant
  • Japan Approves World's First iPSC-Derived Therapies: A New Era for Regenerative Medicine
  • South Korean Steelmakers on the Brink: Scrambling for Survival Amid Rising Nighttime Electricity Rates
  • Doosan Robotics to Supply 100+ Robot Solutions to Kwangjin Group, Accelerating Global Manufacturing Innovation
  • KOSPI Plummets Over 8%, Triggering Circuit Breaker for the 8th Time in History
  • "AI Era Security: Data Lifecycle Management Over Perimeter Defense"

Most Viewed

1
Adwa’s Echo in Korea: A Shared Story of Dignity and Freedom
2
2026, The Grand Year of Hangeul Celebration — The River of History Where Five Streams Converge
3
A New Milestone for Ukraine’s Post-War Reconstruction: The Birth of ISVP
4
Mexican currency and the powerful history behind its designs
5
About mexican food 
광고문의
임시1
임시3
임시2

Hot Issue

KASA Selects 9 Partners Including LG and SK Hynix for Space Verification Satellite No. 3

Apple's Next Leap: Will the 'MacBook Ultra' with OLED and Touch Support Redefine the Premium Laptop Market?

KEXIM Ignites 'K-Finance' with 450 Billion Won Support for Taihan Cable’s Submarine Plant

Doosan Robotics to Supply 100+ Robot Solutions to Kwangjin Group, Accelerating Global Manufacturing Innovation

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers