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Coca Cola and other international brands have the same calling today

Coca Cola and other international brands have the same calling today

International brands including Coca Cola and PepsiCo have called this Monday for a global pact to combat plastic pollution. This includes reducing plastic production.

World officials will meet at a conference of the United Nations Environment Assembly (UNEA 5.2) at another time later this year to begin negotiations on a treaty to operate based on a crumbling plastic waste crisis oceans and is killing wildlife.

It remains unclear whether any agreement will focus on waste management and recycling or take tougher steps such as curbing plastic production further, a decision that is likely to face resistance from major oil and chemical firms. and major plastics producing countries, such as the United States.

More than 70 signatories to this Monday's joint statement include consumer goods companies such as Unilever and Nestle, which sell a range of disposable plastic products from shampoos to chocolates, as well as retailer Walmart and French bank BNP Paribas. .

"We are at a critical juncture and at the same time in time to create an ambitious UN treaty," the statement said, noting that any agreement should "reduce the production and use of plastics."

Less than 10% of all plastic ever made is recycled. The rest do not.

Meanwhile, the production of plastic, derived from oil and gas, is projected to double within 20 years, if it goes at these rates. This is a key source of future revenue for major energy companies, as demand for fossil fuels decreases with the growth of renewable energy and electric vehicles.

As pressure mounts on firms selling products in hard-to-recycle, waste-treated plastics, some have teamed up with cement manufacturers to burn plastic waste as the cheapest fuel in the developing world. This is a fact revealed by a Reuters investigation last year.