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ARGUELLO: FLEXIBILITY MUST BE DEMANDED FROM ALL PARTIES
“The second commitment period is paramount for the countries of G77 and China. Efforts must be made in order to achieve its adoption”, said the Chair of the Group of 77 and China
Ambassador Jorge Argüello, Chair of the Group of 77 and China, participated today in Panama in the informal consultations convened by South Africa, as the incoming Presidency of the 17 Conference of the Parties of UNFCCC. The consultations asked parties to reflect, in an informal setting, on how to move forward in both tracks of the Bali Roadmap, LCA and KP.
“Only two weeks ago the Ministers of Foreign Affairs of the Group of 77 and China met in New York at the 35th Annual Meeting of Ministers for Foreign Affairs of the Group of 77”... “The climate change process was at the top of the Minister’s agenda”. The Group of 77 and China presented in the consultations the political will of the Ministers of G77 and China regarding the expectations for Durban, as well as the basic tenets of the way forward as agreed by all developing countries in the Group”.
Another important element recognized by the Ministers of G77 and China is the need for enhanced and urgent actions on the provision of financial resources and investments to support actions on mitigation, adaptation and technology cooperation to developing countries, and in particular the full operationalization of the Standing Committee of the Financial Mechanism of the Convention, the Technology Mechanism and the Adaptation Committee in Durban.
“Allow me to recall also that according to Decision 1 of the COP 16, a significant share of new multilateral funding for adaptation should flow through the Green Climate Fund”, added the Chair of the Group of 77 in the meeting.
“I congratulate South Africa for their commitment to a very transparent dialogue on the deliverables of COP17/MOP7 in Durban. Informal consultations such as this give us all the chance to put our cards on the table and make efforts to think outside the box. We are not against being creative, quite on the contrary, but flexibility must be demanded from all parties, not only from the developing world” concluded the Chair of the G77 and China after the meeting.
The Group of 77 and China has been a key actor in international negotiations related to development issues since 1964. After the recent incorporation of Nauru on September 23rd, 2011, the Group now represents 132 developing countries.
The Chair of the Group, which rotates annually, is held in 2011 by Argentina, represented by Jorge Argüello, Ambassador of Argentina to the United Nations.
Press releases in Spanish and English and other information is posted on www.g77.org
For further information and any press related matter in Panama, you can contact M Luz Melon at +50767737461 or by mail at email@example.com
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