There’s important disagreement over whether or not to create a devoted plastics fund, paid into by developed donor international locations, or use current mechanisms such because the World Atmosphere Facility.
The draft treaty textual content mentions charges or taxes on plastic manufacturing, which many delegates felt was important for elevating sufficient cash to implement the worldwide treaty. It is a purple line for a lot of plastic producer international locations that see any such measure as punitive and imposing an unreasonable value on commerce.
2. Plastic Manufacturing
The high-ambition coalition cochaired by Rwanda and Norway considers measures to scale back plastic manufacturing important, a place backed by appreciable proof.
Panama submitted an bold proposal requiring international locations to undertake a worldwide goal to scale back the manufacturing of main plastic polymers to sustainable ranges as soon as the treaty is agreed.
Nonetheless, targets for the discount of plastic manufacturing are one other purple line for oil-rich international locations. Within the closing plenary, statements on behalf of the like-minded group, and the Arab group and others made it clear that they might not settle for any such measures.
3. Security
Analysis reveals that over 16,000 chemical compounds are used or current in plastics and, whereas security data is missing for over 10,000 of those, 4,200 are identified to be of concern.
Successfully regulating using chemical compounds in plastics have to be a cornerstone of any plastics treaty. Nonetheless, regardless of proposals and the assist of over 100 member international locations for world phaseouts of dangerous chemical compounds, the draft treaty textual content solely has passing reference to chemical compounds.
