When do you see the Green Climate Fund finally seeing the light of day?
A. Climate funding is a very complex subject because the global financial architecture for this remains very complex. There are at present over 15 international public funds, over 50 carbon markets and over 1,000 equity funds which invest only in energy. Apart from several other financing mechanisms which invest in this (climate) area. There are lots of different funds but a great deal of frustration on the project proposal side which has to meet strict eligibility criterion. It is very difficult to know which fund exists and which is the most appropriate. To develop the documentation on how to access them is also very difficult.
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