(GWPF) – A UN-backed conference in Venezuela has ended with a declaration to scrap carbon markets and reject the green economy.

The Margarita Declaration was issued at the end of a four-day meeting of around 130 green activist groups, which the Venezuelan government hosted in order to raise the volume of civil society demands in UN discussions on climate change.

“The structural causes of climate change are linked to the current capitalist hegemonic system,” the final declaration said. “To combat climate change it is necessary to change the system.”

The declaration will be handed to environment ministers when they meet ahead of the UN’s main round of talks in Lima this year.