India Plastics Pact

Why in News?

World Wide Fund for Nature-India (WWF India) and the Confederation of Indian Industry (CII) have joined hands to develop a platform to promote a circular system for plastics.

What is 'India Plastics Pact'?

The India Plastics Pact is an ambitious, collaborative initiative that aims to bring together businesses, governments and NGOs to reduce, reuse, and recycle plastics in their value chain.

The India Plastics Pact aims to promote public-private collaborations that enable solutions to eliminate the plastic waste problem in India and bring innovation to the way plastic is designed, used and reused.

Aim of the 'India Plastic Pact':

The India Plastics Pact aims to transform the present linear plastic system into circular plastic economy:

¤ Reduce the use of problematic plastics in India.

¤ Retain valuable materials in the economy for use in other products.

¤ Generate jobs, investment and opportunities in the plastics system in India.

Note:
The India Plastics Pact is the first in Asia, will be launched in September at the CII Annual Sustainability Summit.



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