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market
[
Global Index
]
ARTICLE-20
: Financial Resources [
go to this ARTICLE
]
... 2. The
developed country
Parties
shall provide new and additional
financial resources
to enable
developing country
Parties
to
meet
the
agreed
full
incremental
costs
to them of
implementing
measures
which fulfil the
obligations
of this
Convention
and to
benefit
from its
provisions
and which
costs
are
agreed
between a
developing country
Party
and the
institutional
structure
referred to in
Article
21
, in
accordance
with
policy
,
strategy
,
programme
priorities
and
eligibility
criteria
and an indicative
list
of incremental
costs
established
by the
Conference of the Parties
. Other
Parties
,
including
countries
undergoing the process of
transition
to a
market economy
, may voluntarily assume the
obligations
of the
developed country
Parties
. For the
purpose
of this
Article
, the
Conference of the Parties
, shall at its first
meeting
establish
a
list
of
developed country
Parties
and other
Parties
which voluntarily assume the
obligations
of the
developed country
Parties
. The
Conference of the Parties
shall periodically
review
and if necessary
amend
the
list
.
Contributions
from other
countries
and
sources
on a
voluntary
basis would also be
encouraged
. The
implementation
of these
commitments
shall take into
account
the need for adequacy, predictability and timely flow of
funds
and the importance of
burden-sharing
among the contributing
Parties
included
in the
list
. ...
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