RTCC: The Green Climate Fund (GCF) remains on course to launch in 2014 following progress at its most recent board meeting in South Korea.
The board appointed the GCF`s first executive director and agreed rules for the Private Sector Facility (PSF), which will dictate how commercial organisations interact with the fund.
The GCF was created with the ambition that it would become the principal financial resource to help nations cut carbon and protect themselves against the impact of climate change....