A quick guide to the global plastics negotiations
The world produces 430 million metric tonnes of plastics each year.
Plastic production is set to triple by 2060 if ‘business-as-usual’ continues.
Two thirds of plastics produced are short-lived products that soon become waste.
The annual social and environmental costs linked to plastic pollution are high, with some estimates above US$1.5 trillion per year.
Under a business-as-usual scenario, plastic could emit 19 percent of global greenhouse gas emissions allowed under a 1.5°C scenario by 2040.
By 2040, a new plastics economy could create 700,000 additional jobs and improve livelihoods for millions of workers in informal settings.