Financing mechanisms are a significant part of the treaty, as they provide the necessary resources to implement plastic pollution control measures.
Discussions are centered on creating a sustainable funding model that supports developing countries in building infrastructure, enhancing waste management, and adopting cleaner technologies.
Options being considered include contributions from producers, levies on plastic products, and international funding bodies.
Ghana and the Philippines advocate for strong financial commitments, with Ghana proposing an annex to levy a global plastic fee based on production and supply thresholds, while the Philippines supports a clear structure to outline parties’ roles, identify funding sources, and establish governance mechanisms.
Countries such as Samoa, Kuwait, US, Brazil, Bangladesh, Somalia, Rwanda, UK, Micronesia, Indonesia and Panama have supported measures that highlight resource mobilisation, technical support and enhanced cooperation.
The US recommends merging financing and capacity building as “means of implementation” for more streamlined support, while Brazil has proposed a new provision to emphasise on technical and scientific cooperation; Panama has echoed Brazil’s approach.
On the other hand, countries such as India, EU, Japan and Iran have expressed conditional support, stressing national-level responsibilities and favouring certain restrictions on who qualifies for assistance.
India has proposed establishing a financial and technical assistance mechanism but has rejected a global plastic pollution fee — instead calling for a dedicated fund.
The EU has supported financial mobilisation specifically for Small Island Developing States (SIDS) and least developed countries (LDCs), proposing “mobilisation of resources” instead of “funding.”
Japan has underscored the responsibility of each member to control plastic waste, emphasising on self-accountability. Iran, like India, advocates a dedicated funding instrument as the primary financial vehicle.
Kazakhstan and Kuwait have rejected the global plastic pollution fee, with Kazakhstan calling for clarification on parties’ contributions.
To download the whole report, click here.
This is a click to zoom map. View the larger image by clicking on it