BASIC optimistic about legally binding Paris deal

Group makes it clear that while they were fully cooperating with France to arrive at an agreement, they would like to see specific and clear provisions on financial support.

  1. The BASIC group committed themselves to a comprehensive, balanced, ambitious and legally binding agreement emerging from the Paris Climate Change conference.
  2. They cautioned that it must not deviate from differentiation principles that are already part of the UNFCCC.
  3. Pre-2020 action by all parties is part of the mandate given in the climate conference in Durban, South Africa 4 years ago.
  4. Developing countries can make voluntary bilateral donations or engage in other forms of South-South cooperation.
  5. BASIC countries facing pressure from the US and EU to widen the base of countries making climate finance donations, although on a “voluntary” basis, covering emerging economies.
Climate Change Negotiations – UNFCCC, COP, Other Conventions and Protocols
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