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Jakarta Post

Govt looking for seat on Green Climate Fund

  • The Jakarta Post

Jakarta   /   Thu, January 6 2011   /  10:24 am

Looking to influence how climate change money is allocated, Indonesia will nominate a candidate to serve on the Green Climate Fund’s (GCF) board, the Environment Minister says.

The GCF, which implements the UN Framework Convention on Climate Change (UNFCCC), will have 25 board members, and be comprised of 15 officials from developed countries and 10 officials from the developing world, including seven Asian members.

Environment Minister Gusti Muhammad Hatta said on Wednesday that GCF board members would have an important role in formulating the financial mechanism needed to support policies and projects, related to climate mitigation, adaptation, and capacity-building technology development and transfer in developing countries.

“If Indonesia had a representative on the GCF board, it would be better able to promote a more balanced use of the Global Climate Fund ...