Development of the Green Climate Fund

Talks on UN "green fund" set for late April

24 Mar 2011 - Delegates from 40 nations tasked with designing a "green fund" to help poor countries cope with climate change will hold their first meeting in late April, U.N. officials said on Thursday.

The meeting to start developing the Green Climate Fund, which had been postponed over disagreements about who should attend, will be held in Mexico City on April 28-29.

Climate talks in December committed rich countries to finance $100 billion a year in climate aid for poor countries from 2020.

That was one of the modest goals achieved during that last major climate summit, which failed to end in a binding deal to limit greenhouses gasses like tailpipe exhaust and industrial smog. {continued}