A strongly-worded joint statement issued at the end of a two-day meet hosted by India with the 'Like Minded Developing Countries' (LMDCs) stressed that differentiation between developed and developing nations across each element is "essential" for enhanced effectiveness of the new agreement.
As per their historical responsibilities, the developed nations must provide "additional, predictable and sustained climate finance" to developing countries for enhanced climate actions both for pre and post 2020 while asserting that a clear roadmap should be provided by developed nations to fulfil 100 billion USD per year by 2020, it stressed.
"The LMDCs agreed that the Paris agreement should not be mitigation-centric but must address in a balanced and comprehensive manner the six elements identified in the Durban mandate...,"the statement said, emphasising that the Paris outcome must provide modalities to enhance, develop and implement meaningful actions to avoid and address the negative consequences of response measures.
"The LMDC expressed strong reservation against any obligatory review mechanism for increasing individual efforts of developing countries," it said, noting that any aggregate stocktaking or review of implementation must be for both action and support, taking into account differentiated commitments of developed and developing countries.
Negotiators from 13 nations including Bolivia, China, Cuba, El Salvador, Ecuador, Iran, Nicaragua, Venezuela, Malaysia, Vietnam, Argentina, Switzerland and Saudi Arabia took part in the meeting.
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