11165438+1From October 28th to February 9th, the 7th Conference of the Parties to the United Nations Framework Convention on Climate Change was held in Durban, South Africa, and the Green Climate Fund was one of the core topics. As the host of the conference and the representative of developing countries, South Africa is eager to start the Green Climate Fund quickly and determine its financing plan.
The Green Climate Fund should manage a large-scale financial resource with multiple sources of funds and provide funds through various financial instruments. Among them, the fund should consider various commitments related to climate financing, including new and additional funds promised by developed countries. As for climate financing, the scale of funds during 20 10~20 12 is 30 billion US dollars, and this new, additional, predictable and sufficient fund should be provided to developing country Parties; At the same time, developed country Parties should commit to provide the annual financing target of $654.38+000 billion by 2020 to meet the needs of developing countries; At the same time, the share of the new multilateral fund provided to address climate change should flow through the fund.