COP 16 in Cancun saw agreement on the creation of a Green Climate Fund to manage ‘a significant portion’ of the annual $100bn of funding committed to the developing world in Copenhagen. However, it did not clarify how such a fund might operate. In this white paper, I explain that the model which is emerging during subsequent negotiations will not work. I lay out my alternative proposal for an integrated Green Climate Finance Framework which could deliver the required $100bn per annum investment. Despite the fact that many negotiators read this paper, I was never invited to explain it in person.
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