Dhaka demands rich nations' 1.5pc of GDP for LDCs
Bangladesh is demanding funds equivalent to 1.5 percent of the developed countries' average GDP for the Least Developed Countries' (LDCs) adaptation to the climate change.
The adaptation finance should be taken into cognisance from the point of view of implementation with maximum emphasis upon the activities relating to migration and displacement due to climate- related events.
Negotiators of Bangladesh placed the demand at the UNFCCC sponsored climate change negotiation meeting now being held in Bangkok, said a report of Earth Negotiation Bulletin (ENB) here yesterday.
According to ENB report, different contact groups yesterday continued to address how to streamline the consolidated negotiating text on adaptation in the developing countries.
Parties held series of meetings to consider adaptation, technology, mitigation and finance as well as the developed countries' emission reductions and others issues at the meeting.
The penultimate round of climate change negotiation in Bangkok began on September 28 ahead of the UN climate change conference in Copenhagen to be held in December this year.
A new global climate change deal is scheduled to be inked at the Copenhagen meeting to reduce the CO2 emissions to save the Mother Earth from the wrath of global warning.
The EU proposed for consolidation of issues relating to planning, risk management, finance and means of implementation, technology, institutional arrangements, monitoring and review.
Bangladesh, while speaking for the LDCs, supported Maldives' proposal for making the adaptation fund easily accessible and country-driven as well as new, predictable and additional to the ODA.
The LDC Group, G-77+China and African Group supported a compliance mechanism for the developed countries to ensure fulfillment of their funding commitments.
The Cook Islands on behalf of the AOSIS said the adaptation measures should be constituted more than just finance. Support should be entailed for implementation of adaptation priorities identified at the country level.
Norway called for clarity on the various institutional options while South Africa laid importance on comprehensive international programme for implementation of adaptation programmes.
Canada stressed the need for scaled-up financing, forecasting data and stakeholders' involvement in implementing adaptation programmes while USA cautioned against over- consolidating the issues relating to finance.
Means of implementation should contain language on what support should target and how to deliver support, the USA delegate said.
Saudi Arabia reiterated that the definition of vulnerable countries as mentioned in the Article 4.8 of the Convention should not be changed and no additional listing of countries should be created.
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