Iraq deems it an honour to deliver this statement on behalf of the Group of 77 and China. G77 and China thank you, SB chairs, for convening this joint plenary. The Group remains guided by your leadership as we move forward SB62 here in Bonn.

G77 and China would like to thank the COP29 Presidency of Azerbaijan for their continued leadership and continued to work with the incoming presidency as we navigate through first climate talks for this year. We firmly believe that these two weeks of negotiations could pave the way for a successful outcome in Belém this year. Collective will and demonstrated leadership is what we needed to forge here in SB62 to achieve fair and balanced outcomes that would benefit humanity

2025 marks 10 years since the adoption of the Paris Agreement, which is built on the principles and provisions of the Convention, on equity and Common but Differentiated Responsibilities and Respective Capabilities. And we have spent a decade negotiating since 2015 on how to tackle climate change, it is important to question how much of these negotiations have transpired into real tangible action.

As the science informs us, global impacts from climate change are being experienced now across all our group members, the time has come to move decisively into an era of international cooperation and implementation of the Paris Agreement.

In this context, G77 and China places significant importance on the United Nations Framework Convention on Climate Change and Paris Agreement. We underscore that meaningful climate action must be driven tailored to the diverse national circumstances of developing countries and advocate for meaningful climate action must be driven by scaled up means of implementation including finance, technology transfer, and capacity-building tailored to the diverse national circumstances. Further, we highlight the importance of upholding principles of equity and common but differentiated responsibilities, in the light of different national circumstances, as enshrined in the Convention and Paris Agreement.

These principles are not only foundational to the climate regime but are essential to ensuring that developing countries can effectively pursue sustainable development while advancing ambitious climate goals.

For developing countries, climate action cannot be decoupled from the broader context of poverty eradication, economic resilience, and sustainable development. Enhanced international support and predictable delivery of commitments are critical to enable transformative action on the ground.

Climate finance

In light of the G77 and China's renewed and continued commitment to international cooperation and climate action, as well as the rising climate impacts affecting lives and livelihoods in the Global South, there is no space or time for developed countries to turn their backs on their finance commitments and obligations and leave developing countries behind.

Scaling up climate finance in accordance with the principles and provisions of the UNFCCC and Paris Agreement forms the core of the priorities for the G77 and China, this includes ensuring developing countries inclusively contribute to the work related to Baku to Belem Road Map and their voices are influential so as to ensure that the process leads to addressing the evolving needs and priorities of the developing countries.

Developed countries must significantly scale up the provision of climate finance and means of implementation to enable ambitious and urgent climate action at the scale and speed required. We must secure an outcome that enables the provision and mobilisation of finance for developing countries at the necessary scale and quality, while addressing the systemic dis-enablers of climate finance, including: debt burdens, high cost of capital, limited fiscal space, and high transaction costs.

Additionally, at SB62, the G77 and China marks the need for ensuring a successful outcome on the agenda item related to the Adaptation Fund. It is important that the work of the Adaptation Fund continues to support adaptation action in developing countries, and provide climate finance which is not constrained by barriers related to access to funding. G77 and China emphasise that the composition of the Board of the Adaptation Fund is not to be negotiated, and that the composition should remain as is.

Article 9.5 of the Paris Agreement is key to ensuring the predictability of climate finance from developed countries in a manner that enables developing countries to effectively plan their climate action. We underscore the need to improve biennial communications submitted by developed countries to demonstrate additionality and deliver the predictability needed.

GST

The G77 and China welcomes the opportunity to engage constructively in the continued discussions of the procedural and logistical elements of the global stocktake process, in line with the relevant provisions of the Paris Agreement and lessons learned from the first GST. We look forward to actively participating in the annual GST dialogue, in accordance with its mandate on sharing experiences, knowledge, and good practices on how the global stocktake outcomes are informing the preparation of our next round of nationally determined contributions (NDCs). With respect to the United Arab Emirates dialogue on implementing the global stocktake outcomes referred to under paragraph 97 of decision 1/CMA.5, the Group supports an inclusive and Party-driven process to define its modalities and will continue to engage constructively in the discussions.

WIM

The Group wishes to thank the WIM ExCom and its expert groups, the Santiago Network and its Advisory Board and secretariat, and the Fund for Responding to Loss and Damage and its Board and secretariat, for the work that has been done in operationalizing and implementing their respective mandates and responsibilities since COP29.

In terms of outcomes of the WIM Review, the Group wishes to stress the following key points:

1. There should be stronger coordination among loss and damage institutions.
2. The WIM Review must stress the need for scaling up loss and damage-related support, including finance in accordance to article 9.1 of Paris Agreement, technology, technical assistance and capacity building, for developing countries.
3. Enhancing the knowledge base for action on loss and damage is essential.
4. Integrating loss and damage as part of national climate actions in a voluntary and nationally determined manner is important.
5. Improving access and outreach for WIM and Santiago Network tools and knowledge products is also important.

GGA

The G77 and China highlights the importance of reaching successful outcomes on GGA.

Indicator structuring and consolidation is a key priority to be taken into consideration at SB 62, with a focus on providing the experts and the secretariat the guidance for the consolidation of sub-indicators into globally relevant headline indicators, while ensuring a clear distinction between global headline indicators and context-specific sub indicators. It is important to recognise that the GGA is not a reporting exercise and the work program is about achieving the GGA rather than focusing exclusively on its not measurement it. In this context, the ability to assess progress will depend on the support provided to developing country Parties, as well as the availability of means of implementation from developed countries. Therefore, the SBs are opportunity to provide clear guidance to experts on aligning indicators with GGA objectives and measurability while aligning indicators Article 7, paragraph 1, of the Paris Agreement and in the context of adequately responding to temperature goal referred to in Article 2 of the Paris Agreement and UNFCCC principles and provisions and to address inconsistencies and duplications.

Further, the Means of Implementation (MoI) Indicators are crucial. It is important to refine them and, so as to ensure their critical contribution to addressing finance, technology transfer, and capacity-building, and the inclusion of both quantitative and qualitative indicators for MoI in the final indicator set aligned with Article 9, 10 and 11 of the Paris Agreement

NAPs

It is important at SB62 that means of implementation for NAPs is considered a priority. It is important that nationally driven national adaptation action is prioritised, and reaching conclusions that provide for means of implementation for NAPs is a priority for the G77 and China.

While we recognize the important signals on NAPs emerging from the Global Stocktake, we believe COP30 presents a crucial opportunity to go beyond the status quo. It is essential that the outcome not only reaffirms past commitments and encourages the formulation and implementation of NAPs, but also provides the concrete support needed from developed countries to turn these plans into meaningful implementations. In this regard, we look forward to working together with others in pursuing efforts to reach to tripling of adaptation finance, noting the current gap in adaptation financing.

Just transition

Among other key areas of focus include just transition. G77 and China calls for a strong outcome on just transitions that fully reflects the development realities and aspirations of developing countries. Just transition cannot be a one-size-fits-all concept-it must be nationally determined, socially inclusive, and rooted in the principles of equity and common but differentiated responsibilities and respective capabilities (CBDR-RC). This year is crucial for the just transition pathways work programme discussions. We need to agree on a outcome which truly reflects the rich discussions that have been happening under it's first, second and third dialogues. These dialogues clearly recognized the critical role of international cooperation and multilateralism in advancing just transition pathways both on the national and international levels. The third dialogue which concluded, recently, in Panama was another milestone in emphasizing the urgency of collective efforts to support adaptation and accomplish climate resilience as a pathway to just transitions. It has clearly demonstrated the fundamental role of the means of implementation as a prerequisite to accomplish climate resilient development pathways. All these important dialogue discussions need to be well captured in the outcome of COP30 on the UAE JTWP.

Technology

The G77 and China notes the importance of the full implementation of the Convention and Paris Agreement provisions on Technology Development and Transfer. It is further highlighted that during SB62, it is important to focus on:

- Translating commitments into action by enhancing and adequately funding the Technology Mechanism;
- Elaborating an effective Technology Implementation Programme (TIP) focused on the on-the-ground deployment of technologies prioritized by developing countries, and addressing systemic barriers like finance, trade, and IPR.
- Empowering the CTCN as the implementation arm of the Technology
Mechanism. we also call for its with increased funding, in line with the COP 29 decision on financial support.
- Securing a decision that strengthens the linkage between the technology and financial mechanisms.
- Ensuring the UNFCCC budget adequately supports technology mandates and priorities

Transparency

The Group of G77 and China highlights that as we progress into the future, the ETF is more important than ever. We emphasize that the transition to the ETF should serve to enhance implementation of the Convention, not undermine, nor create any backsliding from the existing reporting and review rules under UNFCCC. As we progress into the future, the enhanced transparency framework is more important than ever. The Group of G77 and China highlight the need for adequate and timely support and sustained access to capacity building to encompass not only report preparation but also development of national capacities and institutional arrangement to ensure meaningful participation in the transparency framework. Developing country Parties require sustained access to resources, training, and capacity-building support.

Gender

On Gender, the G77 and China would like to underscore the significance of this agenda item. We recognize the opportunity to develop a comprehensive, inclusive, implementable and action-oriented Gender Action Plan to be finalized at COP 30 in Brazil, building on previously existing language.

Capacity building

The group of G77 & China continues to prioritize implementation and ambition, capacity-building remains a foundational pillar for achieving climate goals across all thematic areas. In this regard, the group of G77 and China has undertaken significant work to assess progress under the current Capacity-Building Framework, established more than two decades ago, and to formulate clear recommendations ahead of SB62, SB63 and COP30. We emphasize the urgent need for a renewed, responsive, and well-resourced framework that addresses both persistent and emerging needs of developing countries, in line with the Convention and Paris Agreement. We look forward to constructive engagement in the discussions and enhanced coordination with other thematic areas to ensure coherence and efficiency across agenda items.

Response measures

The G77 & China welcome the adoption of the Baku workplan and reaffirm the importance of its full and equitable implementation, in line with the principles and provisions of the Convention. Looking forward, we emphasize the critical importance of finalizing clear modalities, outputs, and timelines to operationalize the Baku workplan. We highlight the need to ensure the full utilization of the outcomes, activities, and reports from the previous workplan particularly in ongoing discussions within the regime, and to build on them in a coherent and continuous manner.

Furthermore, we underline the value of inclusive and constructive global dialogues in advancing the work under response measures, ensuring that the needs and priorities of developing countries are duly reflected and addressed. We welcome the productive discussions undertaken last year, but regret the lack of attendance and attention to the dialogue from developed country parties. We look forward to building on the last dialogue and having a productive and inclusive discussion this year. Given the critical importance of these global dialogues, particularly in light of the continued need to ensure our efforts take into account the impacts of different measures, we look forward to extending and strengthening the dialogues in future years.

We will continue to stress that measures to address climate change, including unilateral actions, must not constitute a means of arbitrary or unjustifiable discrimination or a disguised restriction on international trade. The G77 & China urge the international community to act in unity in addressing climate change, consistent with the principles of equity and common but differentiated responsibilities and respective capabilities in the light of national circumstances.

NDCs

We recall that the outcome of the global stocktake shall inform Parties in updating and enhancing, in a nationally determined manner, their actions and support in accordance with the relevant provisions of this Agreement. We reaffirm our commitment to accelerate action in this critical decade through our nationally determined contributions, on the basis of the best available science, equity and the principle of common but differentiated responsibilities and respective capabilities in the light of different national circumstances and in the context of sustainable development and efforts to eradicate poverty.

We welcome the Mission 1.5 Troika, which must continue to support and enable the next generation NDCs and build on international cooperation and enabling conditions that ensure no one is left behind and everyone can contribute to the transition in line with their respective pathways.

The Group of 77 and China looks forward to working with you to address the climate related challenges. The Group of 77 and China will steadfastly maintain and advance collaboration and active engagement to ensure the success of our collective endeavours towards decisive climate action at this critical juncture.

We look forward to the Ocean and Climate Change Dialogue, and stress that the outcome report must be translated into a decision outcome at COP30.

Thank you.