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Green Climate Fund: Yes and NO

Durban, December 7: Today, Wedsensday 7 December, 2011, the high-level segment will discuss the Green Climate Fund (GCF). Ministers will put their wise heads together and decide the fate of the GCF, which has had quite a stormy year since its inception at the Cancun CoP in 2010. Their goal is to create what is called a ‘cover decision’ that adopts the governing instrument and puts in place an interim arrangement until the GCF is finally operational.