Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
NEWS

EU reaches deal to stop sending waste to countries that can’t process it

Published On :

PARIS (Reuters) – European Union lawmakers and member states have reached a deal to revise the bloc’s waste shipment regulation and end exports of certain types of waste to third countries unable to process it properly, the EU Parliament said on Friday.

“Exports of certain non-hazardous wastes and mixtures of non-hazardous wastes (…) will be allowed only to those non-OECD countries that consent and fulfil the criteria to treat such waste in an environmentally sound manner”, the Parliament said.

It added that compliance with international workers’ rights would also be taken into account.

The European Commission in 2021 proposed a revamp of EU rules on waste shipments to make it harder for member states to offload their trash into poorer countries.

“The EU will finally assume responsibility for its plastic waste by banning its export to non-OECD countries”, Danish lawmaker Pernille Weiss said in a statement.

EU countries must stop shipping plastic waste to poorer nations within two and a half years of the legislation coming into force, the Parliament said, adding that rules for plastic waste exports to countries inside the OECD – the group of the world’s main rich countries – will also be tightened.

In previous years, around half of the EU’s waste exports went to non-OECD countries with weaker waste management rules than in the EU – effectively shipping EU pollution abroad.

(Reporting by Tassilo Hummel; Editing by Mark Potter)

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts