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Showing posts with the label global Coalition

ACTO: Amazon Cooperation Treaty Organization

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ACTO, the Amazon Cooperation Treaty Organization, is an international entity established to safeguard the Amazon basin and promote its sustainable development through collaborative efforts among its member countries. Formation and Founding Treaty: ACTO's roots trace back to the signing of the Amazon Cooperation Treaty on July 3, 1978. This treaty was crafted and signed by eight countries: Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname, and Venezuela.  The treaty laid the foundation for future cooperation and shared objectives among these nations. Evolution into ACTO: Building upon the commitments outlined in the Amazon Cooperation Treaty, the member countries took a significant step in 1995 by formalising their dedication through the creation of the Amazon Cooperation Treaty Organization (ACTO).  This institution was established to actively pursue and implement the goals set forth in the original treaty, indicating a stronger dedication to regional collaboration and sus

Resource Efficiency Circular Economy Industry Coalition (RECEIC)

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Why it is in News ? Union Minister launches "Resource Efficiency Circular Economy Industry Coalition" on the sidelines of 4th G-20 Environment and Climate Sustainability Working Group and Environment and Climate Ministers’ meeting in Chennai What is Circular Economy ? The circular economy is an economic model that aims to create a regenerative and sustainable system by minimising waste, maximising resource utilisation, and promoting a continuous loop of product lifecycle.  Unlike the traditional linear economy, which follows a "take, make, dispose" pattern, the circular economy emphasises reducing, reusing, and recycling materials to keep products, components, and materials in use for as long as possible. It includes 6 R’s - Reduce, Reuse, Recycle, Refurbishment, Recover, and Repairing of materials. Resource Efficiency Circular Economy Industry Coalition (RECEIC) Resource Efficiency Circular Economy Coalition (RECEIC) is a pioneering initiative aimed at promoting g