New Delhi, Aug. 4 -- Summary
The global treaty to end plastic pollution faces challenges in its financial mechanism, with developing countries advocating for a dedicated fund to ensure developed nations finance implementation.
Meanwhile, developed countries propose a flexible approach using existing structures.
The debate highlights deep divisions over fairness and enforceability, with innovative financing tools like polymer fees being considered.
Article 11, which addresses the means of implementation (MOI), remains one of the more complex and unresolved areas in the treaty text. Most of the language remains bracketed, reflecting deep divisions among states.
The primary divergence lies in the question of the financial mechanism. Whil...
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