Leading brands demand global treaty to cut plastic production (Axios)

Leading brands demand global treaty to cut plastic production – By Rebecca Falconer (Axios) / January 17, 2022

Coca-Cola, PepsiCo, Unilever and Ikea were among over 70 brands on Monday to issue a joint statement calling for a global treaty to fight plastic pollution that would include reducing production of the material.

Why it matters: The United Nations Environment Assembly (UNEA 5.2) that begins next month will see government officials gather to begin talks next month on a treaty on plastic pollution — “a key growth area for the oil industry,” per Reuters.

• It’s not clear whether negotiations would see tougher action on the management of waste and recycling — which would “likely face resistance from big oil and chemical firms and major plastic-producing countries,” including the U.S., Reuters notes.

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