4. [Generation][Provision] of financial resources
6. [All Parties, in accordance with their respective capabilities, shall implement and periodically
report on policies and instruments to mobilize public and private financial resources, improve enabling
environments for investment in support of measures to mitigate and adapt to climate change outlined in
Article 4.1 of the Convention.]
7. Alternative 1: The main source of funding will be through the implementation of the
commitments under Article 4.1, 4.3, 4.4, 4.5, 4.8 and 4.9.
The developed country Parties and other Parties included in Annex II to the Convention shall provide
[scaled up], new and additional, over and above ODA, adequate, predictable, timely and stable financial
resources.
Alternative 2: Developed country Parties [and other Parties] according to their capability should provide
[scaled-up], new and additional, feasible, sustainable, adequate and predictable financial resources for
climate-related support to developing countries.
8. Alternative 1: The public sector shall be the main source of funds.
Alternative 2: The public sector shall be the main source of funds, while market mechanisms and other
private-sector sources would play a supplementary role in addressing climate change.
Public funds should leverage private investment and provide incentives for additional efforts.
Alternative 3: Both public and private finance should play a major role in the implementation of this
Agreement. Public finance should support enhanced action on adaptation and capacity-building. Private
funding, channelled via appropriate policy frameworks, should be the main source of necessary
investment for mitigation.
Parties should encourage the establishment of a robust carbon price signal, including through a
progressive integration into the global carbon market, as a key means to deliver cost-effective emissions
reductions globally.
9. The generation of financial resources shall be guided by the principles of the Convention, in
particular the principles of equity and common but differentiated responsibilities [and respective
capabilities, taking into account the ability to pay and greenhouse gas emissions.]
