Plastic Treaty Success Hinges on Finance, Technology Transfer, Iran Says

Plastic Treaty Success Hinges on Finance, Technology Transfer, Iran Says
(Sunday, September 7, 2025) 10:38

TEHRAN (NIPNA) – A senior Iranian energy official said on Saturday that the proposed global plastics treaty will only succeed if developing countries receive real financial support and technology transfer.


Seyed Ali-Mohammad Mousavi, deputy minister for international and commercial affairs at Iran’s Ministry of Petroleum, told a conference on plastic pollution that plastic itself is not the pollutant, but “mismanagement of waste” is.

He warned that unilateral drafting approaches and failure to account for the economic consequences for oil- and gas-producing states have stalled more than two years of negotiations on a binding treaty to end plastic pollution. Disputes remain over issues such as defining the full life cycle of plastics, restricting virgin polymer production, and compensating developing economies.

Mousavi said the talks have split into two camps – one seeking to limit plastic production, while others, including Iran, emphasize recycling and waste management. He stressed that plastics play a vital role in industry and daily life.

According to UN estimates, implementing global plastic pollution policies could require $1.64 trillion by 2040, but Mousavi noted it remains unclear who will bear these costs. He argued that imposing restrictions on polymer output without mechanisms to offset losses would seriously hurt petrochemical economies already under economic strain and sanctions.

“The treaty must strike a balance between environmental goals and economic realities,” Mousavi said, adding that sustainable development should remain the guiding principle. He also warned that any final agreement will reshape the future of the oil, gas, and petrochemical industries, presenting both risks and opportunities.

 


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