Context:

• Delegates at a United Nations (UN) Conference in Bonn adopted a new Global Framework on Chemical to reduce environmental risks from chemicals and waste.

More about the news: Global Framework on Chemical a new initiative 

• Countries committed to phase out the most harmful chemicals at the fifth International Conference on Chemicals Management or ICCM5.
• The ICCM5 was organized by the United Nations Environment Programme (UNEP) and hosted by the government of Germany at the World Conference Center Bonn (WCCB).

Global Framework on Chemicals:

• Aim of Global Framework on Chemical: It aims to phase out lethal agricultural pesticides by 2035.
• Concrete Targets of Global Framework on Chemical: The Framework sets targets and guidelines across the lifecycle of chemicals.
  • It is based around 28 targets, designed to improve responsible management of chemicals and waste. 
• Commitment by National governments: It was committed to formulate policies and regulations in order to reduce chemical pollution by 2030 as well as promoting safer alternatives. 
• Pledge by Industries: To manage chemicals in order to reduce pollution and its adverse impacts.
• Bonn Declaration & Global Framework on Chemical: The declaration was adopted at the summit.
  • The Declaration aims to prevent exposure to harmful chemicals, and phase out the most harmful ones and enhance the safe management of such chemicals.
  • The approach aims to not only safeguard health and the environment but also reduce waste and enhance recycling efforts.
• Dedicated trust fund: It will be set up and managed by the United Nations Environment Programme. 
  • Into this fund, governments, the private sector, non-governmental organizations and foundations can add to an initial EUR 20 million pledged by Germany.

News Source: DTE