There is significant disagreement over whether to create a dedicated plastics fund, paid into by developed donor countries, or use existing mechanisms such as the Global Environment Facility.
The draft treaty text mentions fees or taxes on plastic production, which many delegates felt was essential for raising enough money to implement the global treaty. This is a red line for many plastic producer countries that see any such measure as punitive and imposing an unreasonable cost on trade.
2. Plastic Production
The high-ambition coalition cochaired by Rwanda and Norway considers measures to reduce plastic production essential, a position backed by considerable evidence.
Panama submitted an ambitious proposal requiring countries to adopt a global target to reduce the production of primary plastic polymers to sustainable levels once the treaty is agreed.
However, targets for the reduction of…
