Aduro Clean Technologies Joins Delegation at Intergovernmental Negotiating Committee on Plastic Pollution (INC-4)

Aduro Clean Technologies Inc. Joins the Fourth Meeting of the Intergovernmental Negotiating Committee on Plastic Pollution

LONDON, Ontario, April 24, 2024

Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (CSE: ACT) (OTCQX: ACTHF) (FSE: 9D50), a Canadian technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, is joining a delegation of observers from civil society, environmental groups, academics, and business at the fourth meeting of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-4) in Ottawa, Ontario, Canada from April 23rd to 29th, 2024.

INC-4 welcomes over 4,200 delegates, including 1,400 government members and 2,800 observers, who will discuss a draft treaty prepared after the third meeting of the INC. This draft serves as a basis for negotiations, aiming to finalize an agreement that encompasses various aspects of plastic management such as design, waste management, extended producer responsibility, and capacity building, especially for developing countries. The treaty hopes to promote a circular economy for plastics, emphasizing recycling and reusability to prevent plastics from polluting the environment while retaining their beneficial properties.

Abe Dyck, Head of Corporate Development at Aduro is attending the event and will hold one-on-one discussions with industry delegates to promote its Hydrochemolytic technology (HCT), an advanced chemical recycling technology. HCT efficiently breaks down complex waste streams into valuable chemicals, doing so in an environmentally responsible manner that significantly reduces both energy use and waste generation. The technology is particularly suited to handling types of waste plastics traditionally considered non-recyclable, addressing a key topic at the event.

These historic negotiations at the INC-4 come at a critical juncture for both the world and the Company. The public and their representative governments are demanding real action from plastic producers to improve how plastics are made, used, and managed. This global attention, supported by the backing of the United Nations, the private sector, and financial institutions, bodes well for companies like Aduro. With its technology platform at the forefront of innovation, Aduro is addressing many of the critical issues that contribute to today’s low recycling rates for plastic waste.

Aduro is aligned with INC-4’s mission to forge a sustainable path for plastic waste management. The Company advocates for an agreement that not only aims to end plastic pollution but also enables the continued beneficial use of plastics. This includes a commitment to providing essential waste management services to the roughly 3 billion people currently lacking these facilities, directly addressing one of the primary drivers of pollution.

Key Objectives at INC-4

• Promote Circular Economy: Aduro supports the target to increase circular practices that include the thoughtful design of products to facilitate their reuse and recycling and implementing innovative technologies to repurpose these materials into new products.
• Advocate for Supportive Policies: Aduro supports the development of action plans and policies such as Extended Producer Responsibility (EPR), which can be essential for advancing effective recycling solutions tailored to each country’s needs.
• Foster International Collaboration: Aduro is dedicated to collaborating with industry and government to encourage the integration of chemical recycling in national frameworks.

The agreement champions a technology-neutral approach that bolsters various recycling methods, including an emphasis on incentivizing the demand for recycled plastics through national action plans. And encourages greater investment in innovative technologies including chemical recycling, a key alternative to landfilling or incinerating non-mechanically recyclable plastics such as medical waste. This integrated approach aims to expand recycling capabilities and drive economic benefits across the community.

“Our participation at INC-4 is a fantastic opportunity to add to the conversation on advanced chemical recycling and to highlight its vital role in achieving a sustainable circular economy,” said Ofer Vicus, CEO of Aduro Clean Technologies. “We are excited to share our insights and the advancements we have made with Hydrochemolytic technology. We believe it can play a significant role in recovering more of the waste plastic currently ending up in the environment while supporting the INC-4 objectives.”

About INC

The Intergovernmental Negotiating Committee (INC) was established as a result of a unanimous decision by all 193 member states during the Fifth United Nations Environment Assembly (UNEA-5) in February/March 2022. Tasked with a pivotal mission, the INC is dedicated to developing a legally binding global instrument on plastic pollution by 2024. This initiative came to life following the historic UNEA Resolution 5/14, titled “End Plastic Pollution: Towards an International Legally Binding Instrument,” which marked a significant advancement in global environmental governance.

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company’s Hydrochemolytic technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

For further information, please contact:

Ofer Vicus, CEO
ovicus@adurocleantech.com

Abe Dyck, Investor Relations
ir@adurocleantech.com
+1 226 784 8889

Arrowhead
Thomas Renaud, Managing Director
enquire@arrowheadbid.com
+1 212 619 6889

Forward-Looking Statements

This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events, or developments that the Company believes, expects, or anticipates will or may occur in the future, are forward-looking statements. The forward-looking statements reflect management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. Although the Company

SDGs, Targets, and Indicators in the Article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

• SDG 12: Responsible Consumption and Production
• SDG 14: Life Below Water
• SDG 17: Partnerships for the Goals

The article discusses the issue of plastic pollution and the need for sustainable plastic waste management. This aligns with SDG 12, which aims to ensure sustainable consumption and production patterns. The article also mentions the importance of preventing plastics from polluting the environment, which is connected to SDG 14, which focuses on conserving and sustainably using the oceans, seas, and marine resources. Additionally, the article highlights the collaboration between various stakeholders, including civil society, environmental groups, academics, and businesses, which relates to SDG 17, which emphasizes the importance of partnerships for achieving the goals.

2. What specific targets under those SDGs can be identified based on the article’s content?

• SDG 12.4: By 2020, achieve the environmentally sound management of chemicals and all wastes throughout their life cycle, in accordance with agreed international frameworks, and significantly reduce their release to air, water, and soil in order to minimize their adverse impacts on human health and the environment.
• SDG 14.1: By 2025, prevent and significantly reduce marine pollution of all kinds, in particular from land-based activities, including marine debris and nutrient pollution.
• SDG 17.17: Encourage and promote effective public, public-private, and civil society partnerships, building on the experience and resourcing strategies of partnerships.

Based on the article’s content, the targets identified are directly related to the issues discussed. SDG 12.4 focuses on achieving environmentally sound management of chemicals and waste, which aligns with the article’s emphasis on transforming waste plastics into resources through advanced chemical recycling technology. SDG 14.1 aims to prevent and reduce marine pollution, including marine debris, which is connected to the article’s discussion on the need for proper plastic waste management to prevent plastics from polluting the environment. SDG 17.17 emphasizes the importance of partnerships, which is highlighted in the article’s mention of collaboration between different stakeholders at the Intergovernmental Negotiating Committee on Plastic Pollution.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

• Indicator for SDG 12.4: Proportion of municipal solid waste collected and managed in controlled facilities in accordance with national standards.
• Indicator for SDG 14.1: Marine plastic debris density.
• Indicator for SDG 17.17: Number of partnerships promoting sustainable development that have been formed.

The article does not explicitly mention these indicators, but they can be used to measure progress towards the identified targets. The proportion of municipal solid waste collected and managed in controlled facilities can indicate progress towards achieving environmentally sound management of waste (SDG 12.4). The density of marine plastic debris can be measured to assess progress in preventing and reducing marine pollution (SDG 14.1). The number of partnerships promoting sustainable development can be used as an indicator to measure progress in fostering effective partnerships (SDG 17.17).

Table: SDGs, Targets, and Indicators

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: finance.yahoo.com

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