inc-4_financing_tess-statement_240424-ff63f44ead4fd374.pdf

This statement from the Forum on Trade, Environment, & the SDGs (TESS), delivered on 24 April 2024 at an INC-4 official side event, advocates for a 'holistic approach' to resource mobilization and financing to ensure the success of a treaty to end plastic pollution.

• TESS defines a 'holistic approach' to resource mobilization and financing as one that secures resources from all domestic and international sources—specifically financing, technology, knowledge, and capacity building—with a particular focus on developing countries.
• The proposed holistic approach emphasizes fair burden-sharing across countries, between public and private sectors, and across all industries in the plastic value chain, while remaining sensitive to varying national circumstances and socioeconomic priorities.
• The draft revised treaty text contains options that align with this holistic approach, including the use of domestic fiscal incentives, government procurement, subsidies, and overseas development assistance for developing countries.
• To address the financing gap in developing countries and implement the 'polluter pays principle', the draft text includes options for Extended Producer Responsibility (EPR) schemes for mid- and downstream industries and a plastic pollution fee for upstream polymer producers.
• The draft treaty includes options for financial mechanisms, such as a dedicated multilateral fund, and measures to catalyze private sector financing through disclosure requirements and control measures that signal market shifts to investors.

APA

Forum on Trade, Environment, & the SDGs (n.d.). inc-4_financing_tess-statement_240424-ff63f44ead4fd374.pdf. https://lyrical-cormorant.files.svdcdn.com/production/assets/images/Publications/INC-4_Financing_TESS-Statement_240424.pdf?dm=1714132492

Chicago

Forum on Trade, Environment, & the SDGs. inc-4_financing_tess-statement_240424-ff63f44ead4fd374.pdf. n.d. https://lyrical-cormorant.files.svdcdn.com/production/assets/images/Publications/INC-4_Financing_TESS-Statement_240424.pdf?dm=1714132492.

Wikipedia

{{cite press release |author=Forum on Trade, Environment, & the SDGs |title=inc-4_financing_tess-statement_240424-ff63f44ead4fd374.pdf |url=https://lyrical-cormorant.files.svdcdn.com/production/assets/images/Publications/INC-4_Financing_TESS-Statement_240424.pdf?dm=1714132492 |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{forumontradeenvironmentthesdgsndinc4financingtessstatement240424ff63f44ead4fd374pdf, author = {{Forum on Trade, Environment, \& the SDGs}}, title = {{inc-4\_financing\_tess-statement\_240424-ff63f44ead4fd374.pdf}}, publisher = {Forum on Trade, Environment, \& the SDGs}, url = {https://lyrical-cormorant.files.svdcdn.com/production/assets/images/Publications/INC-4_Financing_TESS-Statement_240424.pdf?dm=1714132492}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }