To this end, and consistent with the polluter pays principle, the Fee could be imposed on the production of plastic polymers, at the start of the plastics value chain leading to all plastic pollution, and where the number of entities is relatively small. [...] The Zero Draft proposes a plastic pollution Fee as a means of implementation (i.e., financing role), to be paid by plastic polymer producers in their national jurisdiction where production takes place.14 The rationale for levying the Fee at this stage in the plastics supply chain – i.e., feasibility of implementation and the polluter pays principle – is the same whether the intended role of the Fe. [...] The amount of the Fee should be informed by the primary role of the Fee as a contribution to ending plastic pollution under the Instrument. [...] The resources generated by the Fee would add a unique and novel source of funding to the traditional sources of funding for the Instrument, as the Fee would involve a mandatory contribution from the private sector (i.e., plastic polymer producers). [...] Some aspects that could evolve over time include: the Fee administration scheme; the level of the Fee; oversight of the Fee mechanism; the relative retained and redistributed shares; priorities and guidelines for the use of the redistributed revenues; criteria for the allocation of revenues; and review and monitoring of compliance.
- Pages
- 84
- Published in
- Australia
