Joint High-level Segment of the Seventeenth Session of the Conference of the Parties of the Climate Change Convention and the Seventeenth Session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (COP 17/CMP 7)

Joint High-level Segment of the Seventeenth Session of the Conference of the Parties of the Climate Change Convention and the Seventeenth Session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (COP 17/CMP 7): "4. Developing countries are now more than ever experiencing the very real impacts of climate change, which are undermining our development prospects and aggravating preexisting vulnerabilities.

5. This has been confirmed a few days ago by the Summary for Policy Makers from the Special Report on Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation (SREX) that was adopted by IPCC member governments, highlighting that fatality rates and economic losses expressed as a proportion of GDP are higher in developing countries.

6. That points to the fact that a higher ambition in emission reductions of Green House Gasses (GHG) is urgently needed. In this regard, and as you are aware, Madam President, raising the level of ambition of emission reductions is a twofold path, since Parties agreed to a two- track negotiation process in 2007, the Bali Roadmap."

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