World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search


Green Climate Fund headquarters officially opened

4 December 2013

(Songdo, Incheon City, Republic of Korea, 4 December 2013) – The Green Climate Fund headquarters were officially opened for business today in its new host country, the Republic of Korea.

The Fund has been temporarily hosted until today in Bonn, Germany, but now moves beyond its interim phase with the opening of its permanent headquarters in the innovative G-Tower building in Songdo, Incheon City.

The ribbon-cutting ceremony was jointly hosted by Mr. Oh-Seok Hyun, Deputy Prime Minister and Minister of Strategy and Finance, Republic of Korea, and Ms. Héla Cheikhrouhou, Executive Director of the Green Climate Fund Secretariat, and was attended by global leaders including Mr. Jim Yong Kim, President of the World Bank Group, Ms. Christine Lagarde, Managing Director of the International Monetary Fund, and Ms. Christiana Figueres, Executive Secretary of the UNFCCC.

Speaking at the opening ceremony, the Co-Chair of the Fund’s Board Mr. Jose Maria Sarte Salceda (Philippines) stated: “In the Philippines, we have recently experienced in a painful manner why it is so urgent to act on climate change. I am, therefore, pleased that the Fund is on track to start its resource mobilization next year with a rapid and substantial initial capitalization, so that we can get the money flowing to the countries which are in greatest need. The opening of these headquarters shows that the Fund is getting ready – and now we need the support of the international community so that we can mitigate climate change and adapt to its adverse impacts."

Mr. Manfred Konukiewitz (Germany), the Board’s Co-Chair, said: “We would like to thank the Republic of Korea for its hospitality and for providing the Fund with its permanent home. Today’s ceremony marks the end of the Fund’s interim phase, and the start of the build-up to full operations. The Government of the Republic of Korea is playing its role, and now we are counting on governments and other key actors around the world to do likewise.”

Ms. Héla Cheikhrouhou, Executive Director, stated: “The office opening is both a symbolic and practical demonstration that the Fund is ready for business. The Fund will be a dynamic and innovative driver to combat climate change, so it is highly appropriate that our headquarters will be in a new green building, located in the heart of technologically innovative Songdo.”

Mr. Oh-Seok Hyun, Deputy Prime Minister and Minister of Strategy and Finance, Republic of Korea, added: Today, the Green Climate Fund is taking its first historical step. As the host country of the Fund, the Korean government is committed to actively engaging in climate action. What we need now is political will and courage to join this action.”

The Green Climate Fund (the Fund) is a new multilateral fund that was agreed by Parties at the 2010 United Nations Framework Convention on Climate Change conference held in Cancun, Mexico, and designated as an operating entity of the Convention’s financial mechanism. The Fund’s Governing Instrument was developed and approved in 2011. The Fund’s purpose is to promote, within the context of sustainable development, the paradigm shift towards low-emission and climate resilient development pathways by providing support to developing countries to limit or reduce their greenhouse gas emissions and to adapt to the impacts of climate change


© Scoop Media

World Headlines


Whaling: Japan’s Institute for Cetacean Research In Defiance Of World Court Ruling

The ICR Today Filed Court Briefs Stating They Intend to Return to Antarctica to Hunt Whales in 2015-2016; Will Seek to Enjoin Other Sea Shepherd Entities from Obstructing Their Operations More>>

Ukraine: UN Urges 'Maximum Restraint' Amid Situation In East Ukraine

Deeply concerned by the deteriorating situation in eastern Ukraine, United Nations Secretary-General Ban Ki-moon has called for maximum restraint and appealed to all sides to work towards calming the situation, which has the 'growing potential' to ... More>>

United Nations: Children Can Now Lodge Complaints With The UN

GENEVA (14 April 2014) – United Nations child rights experts have hailed a new treaty that allows children to complain directly to the UN Committee on the Rights of the Child about alleged violations of their rights. More>>

India: Election But A Ritual In Nation Lacking Rule Of Law

The Asian Human Rights Commission (AHRC) congratulates the people of India for their participation to elect the 16th Lok Sabha. The process has attracted, as usual, considerable media attention across the world. Media claims the process to be 'the largest democratic ... More>>

Solomon Islands: Thousands Remain Affected After Flash Floods

An estimated 52,000 people remain affected in the worst-hit areas of Honiara and greater Guadalcanal following last week’s devastating floods which killed at least 23 people. More>>


World: Some 437,000 People Murdered Worldwide In 2012 - UN

Almost half a million people across the world lost their lives in 2012 as a result of intentional homicide, with the highest murder rates logged in the Americas and Africa, and the lowest in Europe, Asia and Oceania, the United Nations Office on ... More>>

Central African Republic:: Security Council Establishes UN Peacekeeping Mission

Deeply concerned about the deteriorating security situation and ongoing human rights abuses in the Central African Republic (CAR), the Security Council today approved the establishment of a nearly 12,000-strong United Nations peacekeeping operation ... More>>


Parliament: NZ Sending Aid Flight To Solomons

Foreign Affairs Minister Murray McCully has announced further support for the response to severe flooding in Solomon Islands. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news