Like-Minded Developing Countries (LMDC):
18 Like-Minded Developing Countries (LMDC), who usually present a common front at climate negotiations issued a statement.
Highlights:
- The COP 27 is scheduled to be held at Sharm El Sheikh in Egypt in November this year.
- The LMDC statement reiterated about the inequity in fund allocations for global warming mitigation efforts.
- The questions are being raised about the net zero emissions plans of several countries, and critics have alleged that these projects are a subterfuge for postponing immediate action.
- There are fears that the Paris Plans’ target for a New Quantified Goal on Climate Finance could be delayed beyond 2025.
‘LMDC’:
- The Like Minded-Group of Developing Countries (LMDC) is a group of developing countries which have a similar stand in the United Nations climate negotiations.
- The LMDC organise themselves as a block negotiators in international organizations such as the United Nations and the World Trade Organization.
- The LMDC group which represents about 50 per cent of the world’s population.
Member of the LMDC:
- Bangladesh, Algeria, Bhutan, Belarus, Cuba, China, India, Egypt, Iran, Indonesia, Malaysia, Nepal, Myanmar, Sri Lanka, Pakistan, the Philippines, Syria, Sudan, Vietnam, and Zimbabwe.
