COP 17 (Durban) The COP, by decision 2CP.17 and 12/CP.17 Agreed that results-based finance provided to developing country Parties that is new, additional and predictable may come from a wide variety of sources, public and private, bilateral and multilateral, including alternative sources; Considered that appropriate market-based approaches could be developed by the COP to support the results-based actions referred to in decision 1/CP.16, paragraph 73; Noted that non-market-based approaches could be developed; Encouraged the operating entities of the financial mechanism under the Convention to provide results-based finance for the actions referred to in decision 1/CP.16, paragraph 73; Invited Parties and observer organizations to submit their views on modalities and procedures for financing the results-based actions referred to in decision 1/CP.16, paragraph 73.
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