• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

2

Current price of oil as of June 8, 2026

3

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

1

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

2

Current price of oil as of June 8, 2026

3

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
CommentaryEnvironment

Governments have just 5 weeks to end plastic pollution. A global, binding treaty is the only solution

By
Ellen MacArthur
Ellen MacArthur
and
Christiana Figueres
Christiana Figueres
Down Arrow Button Icon
By
Ellen MacArthur
Ellen MacArthur
and
Christiana Figueres
Christiana Figueres
Down Arrow Button Icon
October 21, 2024, 6:03 AM ET
Dame Ellen MacArthur is the founder and Chair of Trustees of the Ellen MacArthur Foundation, a world record-breaking sailor, and a circular economy advocate. Christiana Figueres is the former Executive Secretary of the United Nations Framework Convention on Climate Change, an author, a co-founder of Global Optimism, and co-host of the climate podcast Outrage + Optimism.
Dame Ellen MacArthur and Christiana Figueres during Climate Week in New York City.
Dame Ellen MacArthur and Christiana Figueres during Climate Week in New York City.Sam Keeler - Ellen MacArthur Foundation.

This November, our governments face a historic moment to tackle a pressing global challenge. A UN treaty to end plastic pollution will enter its final round of negotiations in Busan, Republic of Korea. This is a once-in-a-generation opportunity to address the root causes of plastic pollution, but despite significant public and business support, there is a real danger of letting this chance slip away. Governments must find a way to overcome their divisions and unite to get the job done. 

Plastic pollution is widely recognized as a critical global issue. It continues to overwhelm waste management systems, flooding plastic into our oceans, soil, air, and food chains, and raises increasing concerns around human health. Plastic has a role to play in society. But the way it is made, used, and managed is harming us. And so the system must change.

We have a real chance to transform the system to benefit people and prevent plastic waste from being created in the first place. Eliminating the plastics we don’t need and circulating those we do would create hundreds of thousands of new jobs, improve health and livelihoods, generate billions in government savings, and create economic opportunity worldwide. 

Recognizing the scale of both the challenge and economic opportunity, in March 2022 governments adopted a historic resolution to develop an international treaty that addresses the full life cycle of plastic, including its production, design, and disposal.

The latest scientific analysis shows that this approach is by far the most effective way to avoid plastic pollution and offers the best economic, employment, and climate outcomes. 

Though the scale of the problem can feel paralyzing, many solutions are known. Our work with the Global Commitment has identified key barriers to scaling those solutions, pointing to where global policy is crucial. Major voluntary efforts convened by the Ellen MacArthur Foundation and others have shown what is possible and the effectiveness of collective action. Tens of billions of problematic plastic items have already been eliminated. Billions of pieces of packaging have been redesigned to be recyclable. Committed businesses have more than doubled their use of recycled content. But even the largest voluntary commitments have topped out at around 20% of the market. This is not enough. We need the treaty to bring that up to 100%–and quickly.  

Global challenges require global solutions. We need a truly transformative international treaty based on global rules defining how–and how much–we make, use, and reuse plastics. The treaty should focus on preventing plastic from becoming waste in the first place. This means restricting or phasing out problematic and avoidable plastic products, designing products to ensure the remaining plastics are reusable and recyclable, and extending producer responsibility (EPR) to finance the collection and reprocessing of these plastics. To be implemented successfully, the treaty must include sufficient support, including funding, for countries that need it and assistance with the transition of workers, including in the informal sector, throughout the plastics value chain.

If governments can get this right, a robust global regulatory framework will unlock billions of dollars across the private sector. It will make it easier and more efficient for businesses to operate across borders and simplify their supply chains. A globally harmonized, clear direction will stimulate innovation and bring investment into new materials, processes, technologies, and infrastructure. Perhaps it is no wonder that businesses big and small are calling out for harmonized regulations. An ambitious, legally binding treaty is already supported by over 250 businesses and financial institutions, including many of the world’s largest consumer goods companies. There is also broad support from micro-, small-, and medium-sized enterprises.

Beyond opportunities in the private sector, governments can also expect cost savings from streamlined waste management (which are projected to be $220 billion by 2040) and from not having to develop their own regulatory, technical, and reporting solutions. Countries can also avoid the ballooning costs of plastic pollution’s impact on human health and the environment, conservatively estimated by the United Nations Environment Programme at nearly $450 billion a year. 

This moment is bigger than plastic pollution. In a time of great division, this is a chance to show that the world can meet global crises with global solutions and that we can build frameworks for true global collaboration to solve environmental challenges and generate economic opportunity across borders. It’s time to write a new story in which plastic pollution is a crisis we solve together. 

Now is the time to do the difficult political work needed to reach an agreement during this final round of negotiations. Governments cannot let this opportunity be lost to history. They must agree to a set of binding legal obligations where there is already the most convergence and further commit to a firm process that covers the remaining areas to strengthen treaty measures over time. 

People want this treaty. The environment needs it. Businesses are calling for it. It is now up to governments to make it happen.

More must-read commentary published by Fortune:

  • COVID-19 raises the stakes for heart attacks, strokes, and even death long after infection, new study finds
  • Here’s why the gap between Americans’ perception of U.S. economic performance and reality has doubled since 2019, according to economists
  • The U.S., EU, and India must urgently come together in a free trade agreement on clean energy, says the CEO of one of India’s largest renewables companies
  • Here are the facts that activist critics of Pfizer CEO Albert Bourla are missing, according to a Yale analysis

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

About the Authors
By Ellen MacArthur
See full bioRight Arrow Button Icon
By Christiana Figueres
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

tim
CommentaryAirline industry
Merlin CTO: autonomy can rebuild the foundation of aviation — and national security
By Tim BurnsJune 9, 2026
9 hours ago
dewar
CommentaryLeadership
I founded McKinsey’s CEO practice: Here’s why operational excellence is a liability right now
By Carolyn DewarJune 9, 2026
10 hours ago
250
Commentary250 Years of Innovation
America turns 250. Its greatest innovation was never a product — it was a system that let anyone build one
By Keith KrachJune 7, 2026
2 days ago
retirement
CommentaryRetirement
Retiring at 62 costs the average American $250,000. Here’s the math (and the neuroscience) that explain why
By Jon SabesJune 7, 2026
2 days ago
da
CommentaryIPOs
The short seller’s argument nobody on the coming mega IPO roadshow wants you to make
By Bhaskar ChakravortiJune 7, 2026
3 days ago
bs
CommentaryCalifornia
I’ve sold property on California’s Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle
By Lindsey HarnJune 6, 2026
3 days ago

Most Popular

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
By Sasha RogelbergJune 8, 2026
1 day ago
Current price of oil as of June 8, 2026
Personal Finance
Current price of oil as of June 8, 2026
By Joseph HostetlerJune 8, 2026
1 day ago
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
22 hours ago
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
Success
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJune 7, 2026
2 days ago
'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
Economy
'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
By Jim EdwardsJune 8, 2026
1 day ago
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
Economy
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
By Nick LichtenbergJune 7, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.