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India’s proposal at the Global Plastics Treaty negotiations UPSC NOTE

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  Why in news India says developing countries will only comply with plastic control measures if they are compensated for the costs involve...

 Why in news

  • India says developing countries will only comply with plastic control measures if they are compensated for the costs involved.

  • This is India’s first substantive move during the talks being held in the South Korean city of Busan.

  • India stresses that developed countries should transfer technology to developing nations, considering their specific needs and circumstances.

A new fund 

  • India proposes creating a new financial fund to help developing countries with the costs of plastic control measures. 

  • This fund should be separate from existing financial mechanisms.

  • The fund would be managed by a dedicated body and help ensure a “just transition” towards sustainable plastic use, including technology transfer and financial support.

Global Plastics Treaty

  • The Global Plastics Treaty is a significant attempt to establish a legally binding agreement aimed at reducing and eliminating plastic pollution

  • The decision to establish an Intergovernmental Negotiating Committee (INC) was made in early 2021 during the fifth UN Environment Assembly in Nairobi, Kenya

  • The INC’s journey, beginning with an Ad Hoc Open-Ended Working Group meeting in Dakar, Senegal, in mid-2022

  • Followed by subsequent meetings in Uruguay, Paris, and Nairobi, with the 4th INC-4 in Canada in April this year. 

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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: India’s proposal at the Global Plastics Treaty negotiations UPSC NOTE
India’s proposal at the Global Plastics Treaty negotiations UPSC NOTE
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