One of Oxfam International’s key priorities was achieved at the Conference of the Parties (COP 16) in Cancun with the establishment of a fair global Climate Fund (the Fund is called the “Green Climate Fund” in the COP decision text– more on why I struggle with that term in future posts).

It was agreed that the policies and operating guidelines of the Fund will be developed by a Transitional Committee due to report back to COP 17 in Durban, South Africa in December 2011. Members of the Transitional Committee (TransCom) have been nominated according to representation guidelines agreed in Cancun – with solid representation from developing country Parties – out of 40 total members, 15 are from developed countries and 25 from developing countries. Representation from developing countries breaks down regionally:

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