Negotiations on the outcome document of Rio+20 are on their final stretch.
Rio+20, formally called the U.N. Conference on Sustainable Development, is just three weeks away but the contents of its outcome document are not yet finalized as negotiations have stalled over issues such as the concept of green economy.
A last round of talks to hash out remaining issues in the document kicked off May 29 in New York and will run through June 2. At the opening of the negotiations, Secretary-General Ban Ki-moon emphasized the urgency of reaching an agreement.
“Time is running out,” Ban said. “You still have much work to do — perhaps too much work — but you must persevere. The stakes are very, very high, for the people and for the planet, peace and prosperity.”
Ban and host country Brazil have recently identified what they hope to see in the outcome document, which has been the subject of discussions — including on Devex — in the lead up to the conference.
Read more development aid news online and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders — emailed to you FREE every business day.