Box C

Japan believes that the LULUCF issue holds one of the keys to a successful conclusion of the negotiations at the resumed COP6. Interested parties including Japan@ continue to discuss major issues regarding the Kyoto Protocol after the Hague meeting.

While those parties have not yet reached an agreement, Japan understands that, as far as LULUCF is concerned, the President's Note has become obsolete as a basis for further negotiations.

In order to make the resumed COP6 a success, Japan believes it necessary to continue discussions among interested parties, and intends to report its outcome as soon as an agreement is reached. Japan is not ready to submit its comments on the LULUCF issue at this point and looks forward to reporting on a successful outcome of continued discussions at a later stage.