The G77 and China, a major influential group, left the negotiation at 3am BdST on Wednesday because developed countries refused to allocate funds separately for loss and damage. The US, Australia, and Canada were in favor of a separate mechanism for the issue. Quamrul Islam Chowdhury, a key negotiator from a developing country, explained that the G77 walked out because some parties were trying to simplify the issue into disaster risk reduction. Dr Ainun Nishat provided an update on the negotiation, stating that there were serious differences among the parties regarding the institutional mechanism. The G77 and China wanted it to be an independent work stream reporting to COP, while some developed countries preferred it to be under the adaptation commitment. Developed countries were also opposed to providing financial support for the loss and damage mechanism. The Bangladesh delegation expressed their belief that the ultimate goal of the negotiation was to reach a clear global understanding on actions for mitigation and adaptation, along with loss and damage, technology development, transfer, and capacity building for a legally binding agreement in Paris in 2015. They had hoped to agree on an institutional mechanism for loss and damage during COP 19, but some parties wanted to integrate it into the adaptation mechanism. The statement was read by Secretary for the ministry of environment and forests Shafiqur Rahman in a press conference, where Ainun Nushat, Dr Asaduzzaman, and Md Quamrul Islam Chowdhury also spoke.