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COP 16

The long and winding road to the Green Climate Fund

Athena Ballesteros's picture

Photo courtesy: IISD

 

The UN Climate Talks in December 2010 concluded with a set of decisions known as the Cancun Agreements, which included the establishment of the Green Climate Fund (GCF). Having been involved in many of the negotiating sessions, I know that this fund is seen by many, particularly developing countries as an opportunity to create a ‘legitimate’ institution for delivering scaled-up finance to address climate change. However, there remains significant skepticism on whether or not this Fund could deliver adequate and predictable resources in a timely manner. Much work has yet to be done before the Green Climate Fund could become a reality.

 

Getting organized

In Cancun, the COP decided to set up a Transitional Committee (TransComm) and entrusted it with the task of developing the operational documents for the GCF and making recommendations to the COP in Durban. The Transitional Committee will include representatives from 25 developing countries and 15 developed countries. Some countries have announced their nominations, while others are still in the process of finalizing. The delay comes as no surprise of course. Nominations within regional groups remain a highly contentious and political issue. With limited seats countries are grappling to ensure they have a voice in the body that will design the Fund. I’ve heard the mix of skills and expertise on finance, climate and, development represented in the individuals nominated and they vary from country to country.

Cancun’s Christmas Present

Andrew Steer's picture

As Christmas tourists replace COP delegates in the Moon Palace, post-mortems abound. From the World Bank’s standpoint the important question is: what did this really do for the prospects of long term poverty reduction in developing countries?  The answer: potentially, a lot. Earlier this week, this subject was discussed at the Board of the World Bank.

 

Photo: Flags in front of Moon Palace

 

 

Going into Cancun we suggested some stretch-targets that would mark a strong outcome for Cancun for developing countries. Some of these were over-achieved (eg Carbon Markets), some under-achieved (eg agriculture)–but, overall , expectations were more than met. 

Have a look inside the COP

WAGGGS Youth Delegate's picture

You've probably been hearing a lot about COP 16 in the news—the United Nations climate conference, currently taking place in Cancun, Mexico. In case you're feeling kind of far removed from all the action, this video gives you an inside peek. It shows the exhibition area, where different NGOs are displaying what they are doing to address climate change in their home countries.

Happy Young and Future Generations Day!

WAGGGS Youth Delegate's picture

By Julie Fink, WAGGGS Youth Delegate From Denmark

Today was a special day at COP 16: A day dedicated to youth and future generations. We think it is important to recognize the role of young people in the UNFCCC negotations, since we are the ones who are going to experience the consequences of climate change on a large scale.

Last day at the Conference of Youth

WAGGGS Youth Delegate's picture

By Fatima Irais Espinosa Rodriguez, WAGGGS Youth Delegate From Mexico

We started the day with a relaxing dynamic in order to meet and keep in touch with someone from the Conferene of Youth (COY 6) before starting the exciting and busy week that is ahead. We found a person who was not from our own delegation and exchanged information and ideas so as to be in contact and start a new friendship.


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