Draft Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change
Summary
The draft report outlines the initial administrative and operational steps taken by the Green Climate Fund (GCF) Board, including the election of Co-Chairs, the selection process for a host country, and the establishment of an Interim Secretariat. It details the role of the World Bank as Interim Trustee and provides a financial snapshot of the Fund's trust fund as of September 2012. The report also maps GCF's progress against specific guidance provided by the Conference of the Parties (COP) to the UNFCCC.
Key insights
- The GCF Board elected Mr Zaheer Fakir of South Africa and Mr Ewen McDonald of Australia as Co-Chairs for a one-year term during its first meeting.
- Six countries submitted expressions of interest to host the Fund: Germany, Mexico, Namibia, Poland, Republic of Korea, and Switzerland.
- The World Bank serves as the Interim Trustee and established the Financial Intermediary Fund for the GCF in April 2012; this role is scheduled to terminate on 30 April 2015 unless otherwise agreed.
- As of 30 September 2012, the GCF Trust Fund had cumulative contributions of US$ 2.89 million, with the Interim Trustee having entered into agreements with four Parties for approximately US$ 3.4 million.
- The Interim Secretariat was established in December 2011 using staff from the UNFCCC and Global Environment Facility (GEF) secretariats.
- The Board has integrated several COP-mandated priorities into its work plan for 1 November 2012 to 31 December 2013, including the allocation system between adaptation and mitigation, a no-objection procedure for financing, and resource mobilization policies.
Cite the original document
- APA
- Green Climate Fund (2012). Draft Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change. https://www.greenclimate.fund/sites/default/files/document/gcf-b02-12-09.pdf
- Chicago
- Green Climate Fund. Draft Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change. 2012. https://www.greenclimate.fund/sites/default/files/document/gcf-b02-12-09.pdf.
- Wikipedia
- {{cite report |author=Green Climate Fund |title=Draft Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change |date=11 October 2012 |url=https://www.greenclimate.fund/sites/default/files/document/gcf-b02-12-09.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greenclimatefund2012draft, author = {{Green Climate Fund}}, title = {{Draft Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change}}, institution = {Green Climate Fund}, year = {2012}, month = oct, url = {https://www.greenclimate.fund/sites/default/files/document/gcf-b02-12-09.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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