December began with news of the UN’s Global Plastic Treaty getting postponed to 2025, and Coca-Cola removed its target of achieving 25% reusable packaging by 2030. Meanwhile, the industry began speculating about the potential consequences of US import tariffs on businesses worldwide. In the EU, the Council adopted the European Packaging and Packaging Waste Regulation (PPWR), and in Latin America, we spoke to experts about the region’s challenges and opportunities, and its adaptability to regulatory changes.