The Design Process for the Green Climate Fund: Lots of Disagreement, Little Time
A Summary Report of the Third Meeting of the Transitional Committee in Geneva
With three out of four scheduled meetings of the Transitional Committee tasked with designing the new Green Climate Fund now completed after the recent meeting in Geneva, severe differences remain between the 25 developing countries and the 15 developed countries about form and functions of the Fund. This despite the fact that some progress and convergence of opinions on some important matters is emerging, such as that funding decisions should be driven by and consistent with developing countries’ own national climate and development plans. However, the points of divergence and disagreement are too many and too fundamental in nature to simply hope for a rapid alignment or quick compromise between the TC members. Given that there are just two full days of negotiations in the 4th TC Meeting in Cape Town on October 16th and 17th and a mere four weeks of behind-the-scenes hackling and drafting left to bridge that divide, it is hard to agree with the optimistic assessment of UNFCCC Executive Secretary Christiana Figueres that the TC “is now fully on track to conclude the design of the Fund for the approval by the UNFCCC’s Conference of the Parties in Durban” in late November. The road to Durban remains bumpy, and TC members have little time to cover a lot of distance.
Click here to read The Design Process for the Green Climate Fund (8 pages, pdf, 494KB)
Click here for the Roadmap of the TC until the 4th Meeting in Cape Town, South Africa, on October 16-17, 2011
Click here for the "Draft Reflections" by the TC facilitators' group to guide the elaboration of a TC outcome document for the COP 17
Click here for the Report of the Transitional Committee for the Design of the Green Climate Fund to the seventeenth session of the Conference of the Parties (14 pages, pdf, 262KB)
Click here for further information on the Transitional Committee, its members, prior meetings and workshops and submissions by members and observers