Financing the Legally Binding Instrument on Plastic Pollution: Financial Mechanisms, Supported Obligations, and Addressing Potential Funding Gaps

The second in a series of webinars by the Financing Coordination Group explored two crucial topics identified for discussions at the intersessional meeting: the means that could be mobilized for implementing the ILBI’s objectives and the alignment of financial flows.

The webinar provided Member States and other stakeholders a deeper understanding of the financial mechanisms required to tackle plastic pollution effectively. Experts also provided perspectives on obligations associated with the ILBI that need to be financed, the activities that could be supported by the financial mechanism, potential funding gaps, and innovative financing approaches that can support developing countries.