Madam Chairperson,

1. I have the honor to speak on behalf of the Group of 77 and China.

2. Allow me at the beginning to express our appreciations to the Government of Germany for hosting this session, and for the Convention's Secretariat for their excellent arrangements.

3. Our world, today, faces grave challenges due to the impacts of climate change. Time is running out! We need to move forward if we are to succeed in addressing this profound and most serious challenge of our times, which threatens the very existence of our societies and their development prospects.

Madam Chairperson,

4. In Copenhagen, December 2009, the work of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA) was extended "to enable it to continue its work with a view to presenting the outcome of its work to the Conference of the Parties for adoption at its sixteenth session." In April 2010, here in Bonn, you, Madam Chairperson, were invited to prepare, under your own responsibility, "a text to facilitate negotiations among Parties, drawing on the report of the AWG-LCA presented to the COP at its fifteenth session, as well as work undertaken by the COP on the basis of that report, and to make this text available two weeks in advance of the tenth session of the AWG-LCA." Parties were also invited "to make submissions containing additional views, by 26 April at the latest, which the Chair may draw upon in the preparation of her draft text for consideration by Parties at its tenth session."

5. The Group of 77 and China welcomes the text prepared by you, Madame Chairperson, and is prepared to engage fully in the discussions that would further provide clarity to our work and lead us to a concrete, comprehensive and equitable outcome in Cancun. While appreciating your efforts, the Group of 77 and China also notes that there remains the need to have a balanced and equitable treatment of issues in the text, to address some gaps and inconsistencies; and our contributions will go along these lines for the discussions we will have this week. This would assist you in coming out with an improved and more concise text later at this session.

6. The Group is prepared to contribute to the achievement of a common understanding of interlinkages on cross-cutting issues, as you have outlined to us, including the institutional frameworks for financing and linkages with adaptation, mitigation including REDD+, and development and transfer of technologies; the issue of MRV, for targets, actions and support ; and on shared vision. We find that there needs to be some restructuring at a certain point in accordance with of the Bali Action Plan. We also need to treat operational aspects separately, and this could be placed under a separate chapter on financing, for example, or the integration of related texts where needed. Crunch issues under the different chapters would need to be identified.

Madam Chairperson,

7. The G77 and China, once again, stands ready to engage constructively with our partners during these discussions, in an open and transparent intergovernmental process under the Convention.

8. The G77 and China reaffirms the centrality of the multilateral process within the UNFCCC framework; and all related discussion in this regard should be transparent.

Madam Chairperson,

9. In conclusion, allow me to assure you of our full support and continued active and constructive engagement in this process. We are confident that, under your guidance, we will move closer towards an outcome that will serve all our interests in a balanced manner that will enable us to make Cancun a success.

I thank you.