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BASIC countries remain united over climate change: Chinese delegate (2)


09:36, December 07, 2011

They made the appeal in the 17th Conference of Parties (COP17) to the United Nations Framework Conferences of Climate Change (UNFCCC).

"It is very important that, in Durban, a clear and ratifiable decision on Kyoto Protocol (KP) second commitment period takes place," Indian Environment and Forests Minister Jayanthi Natarajan said at the joint press briefing of the BASIC countries.

"This must happen if KP parties are really committed to addressing climate change. Developing countries should not be asked to make a payment every time an existing obligation becomes due on the part of developed countries. We have already walked the extra mile and in fact are doing more than what our parties are doing," said Natarajan.

"It is time that developed countries step up to fulfill their part of the commitment under UNFCC and Kyoto protocol," she noted.

As emerging economic giants, BASIC countries have been negotiating with each other to secure a second round of commitment from the rich countries under an extended Kyoto Protocol. Coming to an end next year, the 14 year old Kyoto Protocol is the only legal agreement on cutting greenhouse gases.

"India wants and is hopeful that the Green Climate Fund will be established at Durban. Developed countries parties who have commitment to provide resources should agree to capitalize the fund and also to the structure of long term sources of finance for the GCF," Natarajan said.

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