Songdo, 26 Feb 2018

The Green Climate Fund (GCF) Board has today appointed two new Co-Chairs at its nineteenth meeting in Songdo, Republic of Korea. Paul Oquist has been elected as the developing country Co-Chair, whilst Lennart Båge is the developed country Co-Chair. They replace the outgoing Co-Chairs, Ayman M. Shasly (Developing Countries) and Ewen McDonald (Developed Countries).

In light of the fully charged agenda, the Board has decided to convert today's planned informal meeting into a formal Board session. The B.19 Board meeting will therefore take place from Monday 26 February until Thursday 1 March, and will be presided by the incoming Co-Chairs.

Dr. Paul Oquist has represented the Republic of Nicaragua in international climate negotiations for many years. Dr. Oquist is currently Minister-Private Secretary for National Policies of President Daniel Ortega Saavedra, and is also Executive Secretary of The Commission of the Nicaraguan Grand Interoceanic Canal. He is a Member by the Latin American and Caribbean Group (GRULAC) to the UN Framework Convention on Climate Change Standing Committee on Finance, and represented developing countries on the Executive Committee of the UNFCCC Warsaw International Mechanism for Loss and Damage. Dr. Oquist was also a two-term member of the Committee of Experts on Public Administration (CEPA) of the United Nations Economic and Social Council (ECOSOC), and he has been Head of Delegation to the Climate Change Conference of Parties for Nicaragua since COP 15 in Copenhagen. He has a Ph.D. in Political Science from the University of California in Berkeley, California.

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