Civil Society Now

Earth-International

The Green Climate Fund has been opened up to observers, but civil society representatives want to play a bigger role.

MEXICO CITY, Jul 21 2013 (IPS) – The Green Climate Fund (GCF), created under the auspices of the United Nations to finance the huge investments demanded by climate change, was opened up to participation by civil society and private sector representatives as observers in March.

But non-governmental organisations are pressing for more active participation now that the GCF is moving into the crucial phase of designing policies and distributing resources, especially with regard to the controversial Private Sector Facility.

“Now they are discussing what type of observers and executors can be in the Fund. This opens up the possibility of having financial institutions involved as executors, and they are studying the criteria for qualification and safeguards,” Colombian attorney Astrid Puentes, co-director of the Interamerican  Association for Environmental Defense (AIDA), told…

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