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December 2, 2024 7:55 AM

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India calls for critical balance between preventing Plastic Pollution and affecting sustainable development

India has called for a critical balance between preventing Plastic Pollution and affecting sustainable development, especially of developing economies. Making an intervention at the Final Plenary of the 5th session of the Intergovernmental Negotiating Committee in Busan, South Korea, India reiterated the enormity of the challenge of Plastic Pollution. India’s statement noted that this is a difficult task which requires mutual trust and understanding of each other’s circumstances. India clearly stated its inability to support any measures to regulate the production of primary plastic polymers, as it has larger implications in respect of the right to development of Member States. It stressed on the need for a stand-alone dedicated Multilateral Fund to provide financial resources to Developing countries for meeting incremental costs for their compliance obligations.