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Joint statement issued at the conclusion of the Fourth Meeting of Ministers of the BASIC Group

Joint statement issued at the conclusion of the Fourth Meeting of Ministers of the BASIC Group This document contains the Joint statement issued at the conclusion of the Fourth Meeting of Ministers of the BASIC Group took place in Rio de Janeiro on the 25th and 26th of July 2010. Ministers reiterated the importance of the two pronged approach, which envisages, an ambitious and comprehensive outcome for the negotiations under both the Ad Hoc Working Group on Long-Term Cooperative Action under the UNFCCC and the Ad Hoc Working Group on Further Commitments by Annex I Parties under Kyoto Protocol, and, considers the elements for an equitable and balanced outcome in Cancun, covering, for example, different initiatives which could be supported by fast-start finance. Ministers welcomed the offer of China to host 5th Meeting of Ministers of the BASIC Group on the 10th and 11th of October and commented on the strategic nature of the meeting as preparation for the Sixteenth Conference of the Parties to the UNFCCC (COP-16) and the Sixth Meeting of the Parties to the Kyoto Protocol (CMP-6). For full text: http://moef.nic.in/downloads/public-information/Joint-Statement-Rio.pdf