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Old 10-30-2009   #10
1QUICK4
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Re: Is Obama Poised to Cede US Sovereignty?

The bottom of page 179 of the treaty is interesting



Quote:

5. Provision of financial resources for capacity-building

7. [Financial and technological support [shall] [should] be provided in the context of Article 4.9 of

the Convention in a transparent, expedited, direct access, sustainable and predictable manner under the

overall guidance of the COP through

Option 1

a dedicated multilateral fund for capacity-building as referred to in paragraph 175, option 6.

Option 2

a new financial mechanism to support mitigation, adaptation, technology transfer and capacity-building

action as referred to in paragraph 166 and paragraph 174, option 1.

Provision of capacity-building support to developing country Parties, along with delivery of financial

support and technology transfer, shall be a legally binding obligation of developed country Parties, with

consequences for non-compliance.

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