THE POLYMER PREMIUM: - A Fee on Plastic Pollution - Closing the financing gap for

to forge a legacy of resilience, sustainability and the consequences of their actions and the necessity The aspirations of the treaty and the ambition to end shared prosperity. [...] The retained share (10 per cent) would cover the producing countries’ costs of collecting the Fee THE NEED FOR AMBITIOUS of the costs of managing pollution in the country Countries could also decide to administer the where they are collected; while the Fee would cover CONTROL MEASURES? redistributed funds from the Fee separately from and create an incentive for participation. [...] The Fee could be Yes, each country would agree to the Fee as part Our proposed Fee is similar to the fee included in included: (a) in the treaty with modalities developed of the plastics treaty, in an exercise of its national the Chair’s Zero Draft (4 September 2023) and Yes, states have already made international by countries in the governing body; (b) in the treaty sovereignty, following its own. [...] In the Chair’s Zero Draft, the Fee is integrated the Fee would be a financing instrument (as one and in a way that preserves a level playing field for national modalities for imposing and collecting the into the treaty, with modalities to be agreed of the means of implementation) to finance treaty competition. [...] The parties would have flexibility to design of the charge as proposed by the OECD and directly to each subject company and each develop, adapt and strengthen, the modalities Nordic Council of Ministers, with both suggesting subject company pays its contribution directly to of the Fee over time, using the procedure in the charges in the range of US$500 to 2,000 per the IOPC Fund.