Thank you Co-Chairs,
I am Vositha Wijenayake speaking on behalf of Climate Action Network.
The INDC draft decision text needs to be finalized at this session. CAN believes that INDCs from all major economies need to be submitted by March 2015. It is crucial that INDCs are detailed and come early enough, to support a comprehensive and meaningful review process. This review will ensure that contributions from countries are fair and equitable in relation to each other as well as ambitious and scientifically adequate to put us back on a climate safe trajectory.
Locking in low ambition within the INDCs is a real danger. The INDCs need to have a five-year cycle with the first cycle ending in 2025. The EU is likely to decide on its contribution in the coming days and we urge them to set the bar high enough for others to follow rather than initiate a race to the bottom.
On climate finance: developed countries need to accept that providing finance is part of their fair share in the global effort alongside mitigation efforts. In Paris we will need new collective targets for public finance but also individual quantified commitments. The INDC should include such planned commitments as otherwise it would not be possible to assess if a country does its fair share.