The final session for the preparatory committee for the Rio+20 sustainability conference wrapped up last weekend. Rio+20 Secretary-General Sha Zukang handed responsibility of the outcome document to the Brazilian government.
Nikhil Seth, secretariat of the summit, said the conference now enters "a new phase." The Brazilian government, which has the presidency of the conference, is tasked with determining how to proceed with the issues at the center of the negotiations over the document.
Sha said parties to the negotiations reached an agreement on 37 percent of the final text.
The Brazilian government said the outcome document would be put before member states by Wednesday.
A report by the multilateral Poverty-Environment Partnership found that building a sustainable low-carbon economy would be fruitful provided it had the support to succeed.
"A transition to a green economy could lift millions of people out of poverty and transform the livelihoods of many of the 1.3 billion people earning just $1.25 a day around the world, but only when supported by strong policies and public- and private-sector investments," the report read.
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