Article 11
1. In the implementation of Article 10, Parties shall
take into account the provisions of Article 4, paragraphs 4, 5, 7, 8
and 9 of the Convention.
2. In the context of the implementation of Article 4, paragraph 1,
of the Convention, in accordance with the provisions of Article 4,
paragraph 3, and Article 11 of the Convention, and through the
operating entity or entities of the financial mechanism of the
Convention, the developed country Parties and other developed Parties
included in Annex II to the Convention shall:
(a) Provide new and additional financial resources to meet the
agreed full costs incurred by developed country Parties in advancing
the implementation of existing commitments under Article 4, paragraph
1(a), of the Convention that are covered in
Article 10, subparagraph (a); and
(b) Also provide such financial resources, including for the
transfer of technology, needed by the developed country Parties to
meet the agreed full incremental costs of advancing the
implementation of existing commitments in Article 4, paragraph 1, of
the Convention that are covered by Article 10 and that are agreed
between a developed country Party and the international entity or
entities referred to in Article 11 of the Convention, in accordance
with that Article.
The implementation of these existing commitments shall take into
account the need for adequacy and predictability in the flow of funds
and the importance of appropriate burden sharing among developed
country Parties. The guidance to the financial mechanism of the
Convention in relevant decisions of the Conference of the Parties,
including those agreed before the adoption of this Protocol, shall
apply mutatis mutandis to the provisions of this
paragraph.
3. The developed country Parties and other developed Parties in
Annex II to the
Convention may also provide, and developed country Parties avail
themselves of, financial resources for the implementation of Article
10, through bilateral, regional and other multilateral
channels.