Global businesses, financial institutions, and NGOs have announced a common vision for an effective and ambitious global treaty to end plastic pollution. The 85 organisations will share a vision that will form the basis for future policy engagements with governments through a newly launched Business Coalition for a Global Plastics Treaty which will be convened by the Ellen MacArthur Foundation and WWF.

Building on previous efforts to raise the business voice in favour of starting intergovernmental negotiations, the organisations standing behind the vision see the global treaty as the single most important opportunity to accelerate progress towards a circular economy in which plastic never becomes waste or pollution, and the value of products and materials is retained in the economy. The treaty negotiation process, which is expected to conclude at the end of 2024, will largely determine the trajectory of the plastic pollution crisis for generations to come.

“Many companies and countries are already taking important steps to address plastic pollution, but voluntary action alone cannot reach the scale we need to urgently solve this crisis. An ambitious global plastics treaty is required. That is why today we are announcing, in partnership with WWF, plans to form a Business Coalition for a Global Plastics Treaty. This coalition will bring together businesses from across the plastics value chain to support the development of an ambitious and effective treaty – one that accelerates the transition to a circular economy and ensures the value of products and materials is not lost but retained. Plastic can no longer be allowed to become waste or pollution.” - said Rob Opsomer, executive lead - systemic initiatives, Ellen MacArthur Foundation.

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