STATEMENT ON BEHALF OF THE GROUP OF 77 AND CHINA BY H.E. AMBASSADOR MR. ALBERTO PEDRO D’ALOTTO, VICE MINISTER OF FOREIGN AFFAIRS OF ARGENTINA, AT THE JOINT HIGH-LEVEL SEGMENT OF THE SEVENTEENTH SESSION OF THE CONFERENCE OF THE PARTIES OF THE CLIMATE CHANGE CONVENTION AND THE SEVENTEENTH SESSION OF THE CONFERENCE OF THE PARTIES SERVING AS THE MEETING OF THE PARTIES TO THE KYOTO PROTOCOL (COP 17/CMP 7)

(Durban, South Africa, 6 December 2011)

His Excellency the President of South Africa, Mr Jacob Zuma, Her Excellency the President of the COP/CMP, Madam Maite Mashabane,

His Excellency the Secretary General of UN, Mr. Ban Ki-moon, The Executive Secretary of the UNFCCC, Madam Christiana Figueres, Ladies and Gentlemen, 1. At the outset, I would like to express our full confidence in your leadership, and we commend you in the conduction of this meeting through an open, transparent and inclusive process, based on the very roots of the spirit of the INDABA, an essential element of South African participatory democracy. Madam President,

2. We would like to emphasize once more the urgent need to address this issue that for countries within the G77 and China is a matter of survival. At the same time, we could not emphasize more that, although developing countries have not contributed to the creation of the problem, we continue to suffer most from the adverse impacts of climate change, and the increasing frequency and intensity of extreme weather events.

3. We are also facing the challenges arising from the impact of response measures. Madam President,

4. Developing countries are now more than ever experiencing the very real impacts of climate change, which are undermining our development prospects and aggravating preexisting vulnerabilities.

5. This has been confirmed a few days ago by the Summary for Policy Makers from the Special Report on Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation (SREX) that was adopted by IPCC member governments, highlighting that fatality rates and economic losses expressed as a proportion of GDP are higher in developing countries.

6. That points to the fact that a higher ambition in emission reductions of Green House Gasses (GHG) is urgently needed. In this regard, and as you are aware, Madam President, raising the level of ambition of emission reductions is a twofold path, since Parties agreed to a two- track negotiation process in 2007, the Bali Roadmap. Madam President,

7. We are here in Durban already in 2011, and we believe this process has to deliver.

8. As we stated in the opening plenary of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol, the continuation of the Kyoto Protocol is the corne