#ENVIRONMENT ■India: First Asian Country To Launch A Plastics | Knowledgist 4 Banking 🎯
#ENVIRONMENT
■India: First Asian Country To Launch A Plastics Pact
The India Plastics Pact, the first in Asia, has been launched as collaboration between the World-Wide Fund for Nature-India (WWF India)& the Confederation of Indian Industry (Cll) at the Cll Annual Sustainability Summit.
The Pacts bring together everyone from across the plastics value chain to implement practical solutions
●Plastic waste:
According to a report published by the Center for International Environmental Law, by 2050, greenhouse gas emissions from plastic could reach over 56 GT ,10-13% of the remaining carbon budget.
9.46 MT of plastic waste is generated in India annually,& out of which, 40% is not collected.
About 50% of plastics produced in the country are used in packaging, most of which are single-use in nature.
●Plastics Pacts:
The Plastics Pact is a network of initiatives that bring together all key stakeholders at the national or regional level to implement solutions towards a circular economy For plastics.
Each initiative is led by a local organisation & unites governments, businesses, & citizens behind the common vision with a concrete set of ambitious local targets.
The first plastics pact was launched in the UK in 2018 in collaboration with WRAP a global NGO based in the U.K., in partnership with the Ellen Macarthur Foundation.
The Plastics Pacts is active in a number of countries including the U.K., South Africa, and Australia.
●Targets:
Eliminate unnecessary & problematic plastic packaging through redesign & innovation
Move from single-use to reuse
Ensure all plastic packaging is reusable, recyclable, or compostable
Increase the reuse, collection, and recycling or composting of plastic packaging
Increase recycled content in plastic packaging
●India Plastics Pact:
The India Plastics Pact has been developed as a collaboration between WWF India and the Confederation of Indian Industry (Cll).
It mainly focuses on solutions & innovation.
It aims to empower businesses, governments,& the entire plastics value chain to transition towards a circular economy for plastics in India.
The Pact will support the Extended Producer Responsibility framework of the government and it also improves solid waste management as envisioned in the Swachh Bharat Abhiyan.
The India Plastics Pact is supported by UK Research & Innovation (UKRI) and WRAP a global NGO based in the UK.
This association will ensure access to expertise & knowledge from different Pacts worldwide.
The Pact has developed a road map for guidance, form action groups composed of members, and initiate innovation proiects.
●Targets to be achieved by 2030:
1. Prepare a list of unnecessary plastic packaging and items and take measures to address them through redesign and innovation
2. 100% of plastic packaging to be reusable or recyclable
3. 50% of plastic packaging to be effectively recycled
4. 25% average recycled content across all plastic packaging
●Advantages of the pact:
It will benefit society, the economy, and the environment.
It also encourages the development and evolution of the entire plastics production and management ecosystem.
It will drive the circularity of plastics and help to bring down pollution.
The pact will be helpful in a significant reduction in greenhouse gas emissions.
Many Indian businesses and organizations have expressed an interest in signing up for the Pact.
There will be Long-lasting benefits to the supply chains of these businesses, mostly comprise of MSMEs.
●WWF India:
it was established as a Charitable Trust on 27 November 1969.
lts aim is to reduce the degradation of Earth's natural environment & building a future in which humans live in harmony with nature.
The name of the organization has been changed from the World Wildlife Fund to World Wide Fund for Nature India in 1987.
WWF India is a science-based organization that addresses issues such as the conservation of species & their habitats, climate change, water, and environmental education, among many others.
