"WASHINGTON - The United Nations Environment Programme on Monday said a new round of negotiations toward a global plastics treaty will take place from August 5 to 14 in Geneva, Switzerland, after countries failed to agree on the parameters of a final agreement last December in Busan, South Korea.
The fifth U.N. Intergovernmental Negotiating Committee (INC-5) meeting intended to yield a legally binding global treaty in Busan was meant to be the final one, but countries remained far apart on the basic scope of a treaty and could agree only to postpone key decisions to the new session that will be dubbed INC 5.2.
The most divisive issues that prevented a final deal in Busan included capping plastic production, managing plastic products and chemicals of concern, and financing to help developing countries implement the treaty.
More than 100 countries backed a treaty draft that would have created a path for a global plastic production reduction target, while a competing proposal backed by oil and petrochemical-producing states omitted production caps."