The LDN Fund Advisory Group holds a second meeting in Luxembourg (28 September 2016)

Hosted by the European Investment Bank (EIB), the second meeting of the LDN Fund Advisory Group took place on 28 September 2016 in Luxembourg. The meeting reviewed progress made in the LDN Fund project since the first meeting, held in April 2016 at WWF International in Gland, Switzerland.

AG Members noted the considerable progress made in all structural aspects of the LDN Fund construction and acknowledged the transition from a design to implementation phase, renewing their support to the project. 

Furthermore, all AG Members gave expert advice and valuable guidance to the joint GM/Mirova project team on the following aspects:

• Environmental and Social Standards
• Technical Assistance Facility
• Outreach at UNFCCC COP22
• Next steps (e.g. fundraising)

Concerning the Environmental and Social Standards document, it was agreed that an online public consultation process will be opened in mid- October on the Global Mechanism’s website.

For more information: 

Simone Quatrini
The Global Mechanism
Tel. +49 228 815 2860
squatrini (at) unccd.int