OREANDA-NEWS. Statement of Shri Prakash Javadekar, Minister of Environment, Forests and Climate Change on the conclusion of COP 20 Summit at Lima:

We are happy that the final negotiated statement at COP 20 in Lima has addressed the concerns of developing countries and mainly the efforts of some countries to re-write the convention has not fructified. It gives enough space for the developing world to grow and take appropriate nationally determined steps.

This Final Draft has paved the way for a Paris Agreement to be arrived next year on the basis of principles of equity and differentiated responsibility. The Final Draft also clearly mandated the developed world to take more firm financial commitments to scale it up to Dollar 100 billion per year from 2020. Developed world is also mandated to provide resources for technology development, transfer and capacity building. There is a greater role for public finance for Adaptation Funding.

The provision in the earlier draft for Ex-ante review of actions of even developing countries has been removed. The aspirations and main concerns of the Least Developed Countries and developing countries are addressed.

India pro-actively engaged with the developed as well as developing world to arrive at a negotiated settlement based on the principles of the convention and the whole edifice will continue to be under the convention.

BASIC countries met five times, LMDCs (Like Minded Developing Countries) five times and stood firm on ground.

I am expected to reach New Delhi on Tuesday and will give report to the Prime Minister immediately thereafter.