Information for G04001
Outcomes of the 11th Board Meeting of the Green Climate Fund (GCF)
The 11th Board meeting of the GCF held in Livingston, Zambia, was perhaps the most critical given its close proximity to the Conference of the Parties (COP) 21 in Paris. The COP, established within the Governing Instrument (GI) of the Fund, welcomed the decision at its 20th sitting for the approval of the first funding proposals by the closure of this, the 11th meeting. This is expected to show to the world that the Fund is open for business, providing momentum to the all-important global climate negations in Paris.