Like Minded Developing Countries. The LMDCs make up a formal group of developing countries who organize themselves as a block of negotiators in international foras such as the UNFCCC and the WTO. The group represent more than 50 per cent of the world's population. There is no formal membership list, but key players within the group include Venezuela, Philippines, China, Saudi Arabia, Malaysia and Congo. The LMDCs stress the principles of equity, CBDRRC (see CBDR/RC) and the developed countries taking the lead. Moreover, they stress that the Paris Agreement must address (in a balanced and comprehensive manner) the six elements identified in the Durban mandate (see also ADP): mitigation and adaptation, finance, capacity-building, technology development and transfer, transparency of action and support, as well as loss and damage.
Sources and Read more on:
www.business-standard.com (+NOAK LMDC report 2014)