US EditionUNCTAD: Global plastics trade hits $1.13 trillion, but 75% ends as waste burdening developing nations
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A new report suggests measures to reduce plastic flows and pollution ahead of the start of the second phase of the 5th session of the Intergovernmental Negotiating Committee for the creation of a plastics treaty in Geneva, Switzerland. The proposal includes tariff reforms and non-regulatory policies to boost the adoption of sustainable alternatives […]
UN Warns Global Plastic Trade Has Hit $1.13tn as Waste Crisis Escalates — Lagos Cracks Down on Single-Use Plastics
The global plastics trade surged to an estimated $1.13 trillion in 2023, more than doubling its value over the past two decades, with a growing environmental impact. While the material is now entrenched across nearly every supply chain in the world, a new United Nations report has raised the alarm over its environmental toll, warning […] The post UN Warns Global Plastic Trade Has Hit $1.13tn as Waste Crisis Escalates — Lagos Cracks Down on Singl…
UNCTAD: Global plastics trade hits $1.13 trillion, but 75% ends as waste burdening developing nations
The global plastics trade has more than doubled in value over the past two decades, reaching an estimated $1.13 trillion in 2023. This is according to a new report by the United Nations Conference on Trade and Development (UNCTAD) titled “Global Trade Update (August 2025): Mobilising Trade to Curb Plastic Pollution”. UNCTAD stated that plastics […] The post UNCTAD: Global plastics trade hits $1.13 trillion, but 75% ends as waste burdening develo…
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