Global plastic profiles: Can a dedicated financial mechanism beat global plastic pollution?
India, April 25 -- Such a mechanism can provide predictable, sustainable and adequate resources to support implementation efforts in developing countries
The provisions outlined in the text aim to establish key obligations and requirements for Parties to effectively combat plastic pollution through a comprehensive framework.
Firstly, Parties are mandated to allocate necessary resources, including domestic and international funding, to support national activities for implementing the instrument. Private sector financing is encouraged to supplement these efforts, facilitating funding for critical initiatives aimed at mitigating plastic pollution.
Secondly, there is a strong emphasis on supporting developing countries, with Parties and mu...
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