The ministers attending the 22nd BASIC ministerial meeting on climate change which concluded here today, also asked developed nations to fulfil their pledges to the Green Climate Fund.
This was the first meeting of the grouping -- Brazil, South Africa, India and China (BASIC) -- after the crucial Paris climate change conference last year.
"Ministers identified means of implementation in the context of provision of finance, technology transfer and capacity building support as the most important enablers of action for developing countries," the BASIC countries in a joint statemnet said.
"Ministers also urged developed countries to scale up their level of financial support with a complete road map to achieve the goal of jointly providing USD 100 billion per year by 2020" the statement said.
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The two-day meeting was attended by Environment Minister Prakash Javadekar, Special Representative for climate change of China H E Xie Zhenhua, Under secretary-general for the environment, energy, science and technology, Ministry of Foreign Affairs of Brazil Antonio Marcondes and Chief Director, International Climate Change Relations and Negotiations of South Africa Maesela Kekana.
"100 billion dollar mobilisation is essential feature of that. We hope that in next four yers, developed world will remain constant to its commitment and make all-out efforts to mobilise it," Javadekar told reporters.
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The BASIC countries have also expressed their will to
initiate necessary domestic processes for ratification, acceptance or approval as soon as possible to facilitate timely entry into force of the agreement while urging other countries to do so as well.
Noting that the Paris Agreement specifically mentions that the time-frame for peaking will be longer for developing countries, ministers of the group said that the proper anchoring of differentiation in contributions of developed and developing countries is a sound basis for ambitious actions.
"Ministers also underscored the need for financial support to developing countries for effective implementation of their mitigation and adaptation actions by accelerating the work on the new Technology Framework and the Technology Mechanism including its assessment for a meaningful and tangible dissemination, transfer and deployment of technology from developed to developing countries," the joint statement said.
They urged those countries (Annex I Parties) to both ratify and revisit pledges of Quantified Emission Limitation and Reduction Objectives (QELROs) to close the emission gap.
Javadekar said efforts are being already made by BASIC countries and other developing countries in tackling climate change, both pre- and post-2020 and emphasised that these represent far more ambitious efforts compared to their respective responsibilities and capabilities.
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Javadekar said the BASIC group has played a "proactive and constructive" role in combating global climate change and in the international climate change negotiations, which led to the successful adoption of the Paris Agreement.
"I feel glad that the Paris Agreement recognises the imperatives of sustainable patterns of consumption and production, with developed countries taking the lead, and climate justice in strengthening the global response to the threat of climate change in the context of sustainable development and efforts to eradicate poverty," he said.
He also emphasised that BASIC group has been a strong advocate of the principle of "Differentiation" and operationalization of Common But Differentiated Responsibilities (CBDR) in the climate change regime.
"The next session of the SBI, SBSTA and Ad Hoc Working Group on the Paris Agreement will be deliberating on a number of issues related to the Paris Agreement.
"In this regard, ministers hoped that issues under these bodies will receive balanced treatment and pledged their support to the incoming COP Presidency of Morocco to ensure a successful COP-22," the joint statement said adding that 23rd BASIC Ministerial meeting will be held in South Africa.
The ministers emphasised the importance of building on the existing transparency framework under the Convention, for effective implementation of the Paris Agreement.