Basic countries meeting on future of Cancun agreements | delhi | Hindustan Times
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Basic countries meeting on future of Cancun agreements

delhi Updated: Feb 24, 2011 20:07 IST
HT Correspondent

Environment ministers from BASIC countries (India, China, Brazil and South Africa) plus observers from Maldives, Argentina and Algeria will participate in the two day meeting to assess Cancun Agreements signed in Mexico in December 2010.

The meeting is significant as it is the first one after Cancun Agreements and is expected to discuss the way forward for meeting of 200 countries expected in Bangkok this April.

The minister will discuss the Cancun agreements on all aspects of climate change, its implications and rules to be framed for making the agreement effective. The global environment community expects to agreements to come in force through a climate treaty at Durban in South Africa.

The meeting is also significant as other groups of European and rich nations are meeting to building a consensus on the way forward after Cancun. “The BASIC plus meeting is expected to finalise a road map for Durban,” an official said.

In the coming year, some of the important issues to be finalized are those relating to the implementation of the Kyoto Protocol and the ambition and accountability of commitments of the developed countries.

The rules for international assessment and review of the targets of developed countries and international consultations and analysis of the developing countries actions are also to be prepared and finalized.

Other important issues relate to the work of the Transitional Committee set up by the Parties to design the Green Climate Fund and operationalizing the Technology Executive Committee set up to facilitate the process of diffusion and deployment of climate friendly technologies, said an environment ministry’s background note for the conference.