Obama speech

6 June 2017

These Parties onsist of the OECD members of Annex l, but not the EIT Parties. They are required to provide financial resources to enable developing countries to undertake emissions reduction activities under the Convention and to help them adapt to adverse effects of climate change. In addition, they have to “take all practicable steps” to promote the development and transfer of environmentally friendly technologies to EIT Parties and developing countries. Funding provided by Annex II Parties is channelled mostly through the Convention’s financial mechanism.

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Non-Annex I Parties are mostly developing countries. Certain groups of developing countries are recognized by the Convention as being especially vulnerable to the adverse Impacts of climate change, Including countries with low-lying coastal areas and those prone to desertification and drought. Others (such as countries that rely heavily on income from fossil fuel production and commerce) feel more vulnerable to the potential economic impacts of climate change response measures.

The Convention emphasizes activities that promise to answer the special needs and concerns of these vulnerable countries, such as Investment, nsurance and technology transfer. 1 OF3 United Nations. They are given special consideration under the Convention on account of their limited capacity to respond to climate change and adapt to its adverse effects. Parties are urged to take full account of the special situation of LDCs when considering funding and technology-transfer activities. Observer states include the Holy See, Palestine and South Sudan.

Observer organizations include intergovernmental organizations (IGOs), such as the OECD and International Energy Agency (IEA), along with non-governmental organizations NGOS). Over 1 598 NGOs and 99 IGOs are admitted as observers. The NGOs represent a broad spectrum of interests, and embrace representatives from business and industry, environmental groups, farming and agriculture, indigenous populations, local governments and municipal authorities, research and academic institutes, labour unions, women and gender and youth groups.

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