Trade barriers are slowing plastic-pollution action. Here’s how to fix this.
Cross-border frictions prevent economies of scale in tackling plastic pollution.Trade facilitation can help increase the “three Rs” – reduce, re-use and recycle.Governments and firms must collaborate to scale the circular economy at a global level. Action on plastic pollution has been slowed considerably during the COVID-19 pandemic – but there’s a new emerging angle that could help rebuild momentum for the transition to a greener and more circular society. Governments at the World Trade Organization (WTO) are also showing increased interest in tackling plastics pollution. In a world of global value chains and integrated markets, there…