The estimated annual social and environmental costs of plastic pollution range from US$300 billion to $US1.5 trillion.
A global treaty to cut plastic pollution could eliminate four-fifths of the world's plastic waste in less than two decades mainly through far more reuse, recycling and replaced materials, according to a U.N. report.
Doing so would pay off because the annual social and environmental costs of plastic pollution range from US$300 billion to $US1.5 trillion, the U.N. Environment Program reported on Tuesday.
Oil and plastic producing nations and lobbyists sought more emphasis on recycling instead of production cuts.
This is the third round of talks to develop an international legally binding deal that includes plastic waste in the ocean.
The summit marking BRI's 10-year anniversary notably drew Russia's President Vladimir Putin as a guest of honor among leaders and officials from 130 nations.
The heads of some of the biggest multilateral development banks said the world faces a global “polycrisis” affecting development at an unprecedented scale.
An internal audit found a US$31 million funding gap and deficiencies in U.N. Climate Change's Transparency Division.
The U.N. and other aid agencies scrambled to step up relief as Israel and Hamas began a four-day truce.
Emissions must decrease 42% by 2030 to keep the 1.5° target alive. Instead, they're expected to rise 3% by then.
Oil and plastic producing nations and lobbyists sought more emphasis on recycling instead of production cuts.
