The new rules, effective from January 1, also govern plastics shipments within the 27-member EU and stem from a May 2019 conference decision binding most signatory nations of the so-called 1989 Basel Convention. Focused almost entirely on credit risk, it defined capital and structure of risk weights for banks. The guidelines were based on three parameters: The minimum capital requirement was fixed at 8% of risk-weighted assets (RWA). The Rotterdam Convention (formally, the Rotterdam Convention on the Prior Informed Consent Procedure for Certain Hazardous Chemicals and Pesticides in International Trade) is a multilateral treaty to promote shared responsibilities in relation to importation of hazardous chemicals. Convention Conservation of Migratory Species of Wild Animals 1983 United Nations Environment Programme UN Framework Convention on Climate Change To Stabilize Greenhouse Gas Concentration in Atmosphere 1992 Inter- Governmental Treaty Basel Convention To Reduce the Movements of Hazardous Waste 1989 - Stockholm Convention on Persistent Organic Basel Accord Deconstructed . BASEL-I: Introduced in 1988. Secretariat of the Rotterdam Convention Office address: 11-13, Chemin des Anémones - 1219 Châtelaine, Switzerland Postal address: Avenue de la Paix 8-14, 1211 Genève 10, Switzerland Tel. BASEL-II: Published in 2004. Basel Convention on Hazardous & Other Wastes - UPSC Environment & Ecology Notes Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal It aims to protect the human environment from the adverse effects of hazardous waste that is generated, managed and disposed of in the world community. ). The Waigani Convention is modeled on the Basel Convention and constitutes the regional implementation of the international hazardous waste control regime (Basel, Rotterdam and Stockholm Conventions). India adopted Basel 1 guidelines in 1999. As a Programme Officer in the Convention Operations Branch, Ms. Wingfield is responsible for the overall coordination of activities associated with the Indonesian-Swiss country-led initiative to improve effectiveness of the Basel Convention and the Strategic Framework for the implementation of the Basel Convention for 2012-2021. The Basel Accords were developed over several years beginning in the 1980s. The Basel Convention on the Control of Transboundary Movement of Hazardous Wastes and their Disposal was adopted in 1989 by the Conference of Plenipotentiaries in Basel, Switzerland. Prompted by 1989 convention. The 14th meeting of the Basel Convention, which lays down guidelines on the movement of hazardous waste, concluded in Geneva on the 10th of … The BCBS was founded in 1974 as a … : +41 (0)22 917 8271 - Fax: +41 (0)22 917 8098 Email: email@example.com The Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and Their Disposal, usually known as the Basel Convention, is an international treaty that was designed to reduce the movements of hazardous waste between nations, and specifically to prevent transfer of hazardous waste from developed to less developed countries (LDCs). For UPSC IAS prelims 2020 check the important questions and their answers related to International Organisations.