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Green Climate Fund nations meet

April 28, 2011 - MEXICO CITY

Mexico City hosts the first meeting of the 40-country committee tasked with getting the Green Climate Fund, an outcome of the Dec 2010 climate summit, on the road. The fund obliges 40 rich countries to finance US $100 billion a year in climate aid for developing countries from 2020. The aid is meant to help them curb greenhouse gas emissions by switching to fuels from renewable sources. The United Nations was forced to delay the meeting because of a row over which countries would be represented.

Mexico City hosts the first meeting of the 40-country committee tasked with getting the Green Climate Fund, an outcome of the Dec 2010 climate summit, on the road. The fund obliges 40 rich countries to finance US $100 billion a year in climate aid for developing countries from 2020. The aid is meant to help them curb greenhouse gas emissions by switching to fuels from renewable sources. The United Nations was forced to delay the meeting because of a row over which countries would be represented. The December climate summit in Cancun did not result in a hoped-for binding deal to limit greenhouses gases such as vehicle exhaust and industrial emissions, according to Reuters, but did agree on a package that included the fund and steps to protect tropical forests and share clean technologies. Among many questions occupying negotiators at this and the other UN climate conferences in 2011 is whether the Kyoto Accords should be modified and extended or scrapped when the pact expires in Dec 2012. The conferences and negotiations will culminate in the COP 17 summit in December in South Africa. (WRITTEN Mar 2011)

Talks on UN "green fund" set for late April (Reuters 24 Mar 2011)

Home News Policy UN climate chief urges governments to deliver on Cancun pledges (Business Green 25 Mar 2011)

United Nations Climate Change Conference - Bonn 6-17 Jun 2011

Date written/update: 2011-04-28