United Nations Framework Convention on Climate Change, 1992

Sectors : Climate change financing, Climate change technology and research
Organisation : UN
Date made: 
1992
Level: 
Heads Of State
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Commitments in: Climate Change - Climate change financing

 “Article 4...

...3. The developed country Parties and other developed Parties included in Annex II shall provide new and additional financial resources to meet the agreed full costs incurred by developing country Parties in complying with their obligations under Article 12, paragraph 1.

They shall also provide such financial resources, including for the transfer of technology, needed by the developing country Parties to meet the agreed full incremental costs of implementing measures that are covered by paragraph 1 of this Article and that are agreed between a developing country Party and the international entity or entities referred to in Article 11, in accordance with that Article. The implementation of these commitments shall take into account the need for adequacy and predictability in the flow of funds and the importance of appropriate burden sharing among the developed country Parties.”
 

Scope: 
International