"Mr President, Climate change is an integral part of the sustainable development theme in its three dimensions: Economic development, social development and environmental protection. They should be addressed in an integrated manner. In this context, the issues of climate change and sustainable development fall in general within the competence of the General Assembly, the Economic and Social Council and their relevant subsidiary bodies including the Committee on Sustainable Development and the United Nations Environment Programme. Any intervention from the Security Council in this matter will lead to an unjustified conflict of competence which could affect the chances of success in reaching international agreement in this sphere. It is critical for all Member States that sustainable development would be strengthened by adhering to Rio principles, particularly the principle of common but differentiated responsibility; the full implementation of the 21st Century agenda; and other obligations related to the provision of financial resources, technology transfer and capacity building of developing countries, which have been undertaken in Rio, Johannesburg and other relevant conferences convened by the United Nations in both economic and social fields. The Kingdom of Saudi Arabia stresses that the United Nations Framework Convention on Climate Change is the appropriate forum to consider the risks associated with climate change as well as the needed actions to be taken to address climate change in accordance with the principles enshrined in the Convention. The Kingdom is of the view that reducing greenhouse gas emissions in accordance with the Kyoto Protocol; and that the countries which have not yet acceded to the Protocol should do so. It is imperative that we work to reach an agreement that guarantees the continuity of adherence to the principles of the Kyoto Protocol and its provisions. The urgent issues facing the world such as climate change, food security and rising commodity prices require the joint cooperation of international community with all its components in order to find equitable solutions that take everyone's interests into consideration. Emanating from the Kingdom of Saudi Arabia's keenness to assume its international responsibility, it announced during the OPEC Summit in Riyadh, a contribution of US$300 million to establish a special fund for research on energy, environment and climate change. In addition, the Kingdom contributed US$500 million for the World Food Programme to offset the rising food prices; which helped 62 developing countries around the whole globe. --MORE 15:16 LOCAL TIME 12:16 GMT www.spa.gov.sa/929094