First Meeting of Green Climate Fund Transitional Committee Opens
28 April 2011: Opening the first meeting of the Transitional Committee for the design of the Green Climate Fund, Christiana Figueres, UNFCCC Executive Secretary, highlighted the Committee's task "to propose a design that will make the Green Climate Fund the window into a new era of vastly greater financing for climate action in the developing world."
She recalled that the Committee is composed of seven members from Africa, Asia, and Latin America and the Caribbean respectively, two members from both Small Island Developing States (SIDS) and Least Developed Countries (LDCs), and 15 from developed countries. Figueres observed that the Green Climate Fund would benefit from a "robust, transparent and flexible design that first offers developed world governments a trusted avenue to deploy their climate funding to the best effect." The first meeting of the Transitional Committee for the design of the Green Climate Fund is taking place from 28-29 April 2011, in Mexico City, Mexico. [Christiana Figueres' Statement]