Thank you, Minister Strandhäll, and the Government of Sweden for co-hosting this important international meeting.
The United States is pleased to join Sweden in co-hosting a high-level roundtable discussion on financing plastics circularity as we seek to advance global action to end plastic pollution.
We need stakeholder engagement to find innovative financing that is in line with achieving the SDGs. We need responsible investments for sustainable solutions on plastics.
We hope that during this roundtable, we will consider how to promote financing of the sustainable design of plastic products and materials, and explore options and opportunities for a circular economy on plastics.
This could entail policy framework innovations and scaling up innovative public-private financing.
The private sector, civil society and governments must work together to end the scourge of plastic pollution. The United States is taking action to encourage ambition and country-driven commitments.
I am happy to announce today that we are providing close to $7 million dollars to UNEP Secretariat to work with certain developing countries on capacity building as they develop national action plans and good practices to address plastic pollution.
It is time to leverage investment, innovation, and global action to curb this global threat. Addressing the challenges and opportunities of financing for plastics circularity is vitally important, and we’re glad to have this opportunity today.