Global: By decision 11/CMA.7, Parties decided to hold deliberations under the Veredas Dialogue on the implementation of Article 2, paragraph 1(c), of the Paris Agreement and its complementarity with Article 9 of the Paris Agreement, building on the Sharm el-Sheikh dialogue (2023-2025) and taking into account the concerns and safeguards outlined in paragraph 3 of the same decision.

The PRI welcomes the opportunity to comment on the organisation of the Veredas dialogue. We support the continuation of the important discussions undertaken through the previous Sharm El-Sheikh mandate, and the establishment of the Xingu Finance talks at the June sessions of the Subsidiary Bodies. The PRI stands ready to provide its perspectives and expertise to address misaligned capital flows.

We welcome the final report of the Sharm El Sheikh dialogue and the co-chairs’ emphasis on the importance of public and private sector collaboration and meaningful engagement with avariety of actors.

See the detailed response below.

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