Climate Change: The Second Meeting of the Transitional Committee for the design of the "Green Climate Fund"

July 4, 2011

  1. Japan and the United Nations University will co-host the second meeting of the Transitional Committee for the design of the "Green Climate Fund" in Tokyo (venue: United Nations University) on Wednesday, July 13 and Thursday, July 14, with a view to serve combating the climate change issue (The first meeting was held in Mexico City at the end of April 2011).
  2. In the Cancun Agreements adopted at the 16th session of the Conference of the Parties of the United Nations Framework Convention on Climate Change (COP16) at the end of 2010, it was decided to establish the "Green Climate Fund" to provide assistance to developing countries.
  3. The second meeting of the Transitional Committee will be co-chaired by Mr. Ernesto Cordero Arroyo, Minister of Finance and Public Credit of Mexico; Mr. Kjetil Lund, State Secretary, Ministry of Finance, Norway; and Mr. Trevor Manuel, Minister in the Presidency responsible for National Planning, South Africa. Representatives from the 40 member countries of the Transitional Committee (15 developed countries and 25 developing countries), United Nations agencies, multilateral development banks (MDBs), private sectors and non-governmental organizations (NGOs) will attend the meeting with the aim of elaborating the institutional design of the "Green Climate Fund".
  4. Japan aims for the discussions at this meeting to contribute to reaching a consensus on the institutional design of the "Green Climate Fund" at the 17th session of the Conference of the Parties of the United Nations Framework Convention on Climate Change (COP17) to be held in Durban, South Africa at the end of 2011.

 

*  This is a provisional translation. The above date denotes the date of the issue of the original press release in Japanese.

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