Chairman, the Group of 77 and China would like to thank you for your leadership in the important discussions over the past year on enabling the full, effective and sustained implementation of the Convention through long-term cooperative action now, up to and beyond 2012. The discussions thus far have allowed us to explore the issues in a thorough manner and we look forward further elaboration and concretisation of our ideas here in Poznan.

It will be vital at this juncture for us to begin to focus on how objectives can be met. In that regard, the Group of 77 and China would like to refer to our submissions on a financial mechanism and on technology.

The Group of 77 and China's proposal on an enhanced financial mechanism is geared at ensuring the effective implementation of the Climate Change Convention. The proposal calls for enhanced financial resources and investment to support action on mitigation and adaptation as well as the development and transfer of technology, as required by the Bali Action Plan.

The Group of 77 and China has also proposed the establishment of a new technology mechanism under the UNFCCC to accelerate the development and transfer of technology and to support the effective implementation of the UNFCCC's provisions relating to technology and finance. This submission builds on statements and proposals made by the Group, and seeks to address the shortfall in implementation by developed countries of their obligations to provide technology and associated finance and capacity building to developing countries to enable them to implement the Convention. The proposal also seeks to advance the work of the Bali Action Plan, which calls for "enhanced action on technology development and transfer."

The Group of 77 and China would like to reiterate the significance of work on adaptation in the AWG-LCA for our Group. Given the vulnerability of our members to the impacts of climate change we hope that we will make considerable progress on the issues related to it during the course of this meeting. Similarly we not the importance of the mitigation issues in the Chairs assembly of issues and will engage actively in the contact group.

Mr. Chairman, the Group of 77 and China have taken note of the assembly document that you have prepared for our consideration and will be submitting additional concrete ideas prior to the deadline which you have given us to do so.

As we move past the mid-point of the scheduled time frame and we take stock of the work that has been completed thus far we must note that, the schedule for climate change meetings is overwhelming to many delegations from developing countries. Therefore we must organise our work in 2009 in a manner that allows effective participation of all members.

The effective participation of developing countries in the AWG-LCA process would also enquire that the group held coordination meetings outside the main sessions of the AWG-LCA. The full effective and balanced participation of all parties is a prerequisite for a successful and positive outcome in this session. The green room experience in Bali is an experience that must not be repeated at this session.

Mr. Chairman, the Group would like to reiterate that the AWG-LCA builds upon other processes under the Convention but does not replace them. In this regard, the clear mandate of the AWG-LCA is to work towards enabling the full, effective and sustained implementation of the Convention through long-term cooperative action, now, up to and beyond 2012.

While we work towards this goal we should always work in accordance with the provisions of the Convention, in particular the principle of common but differentiated responsibilities and respective capabilities.

I thank you.