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Home > News > Feature Stories > Geneva loses out on bid to host UN climate fund
Monday, 22 October, 2012

Geneva loses out on bid to host UN climate fund

South Korea’s finance ministry announced Saturday it had won a prize sought by Geneva. Seoul said the country would host a new U.N. climate fund envisioned as the world’s biggest financier for helping developing nations adapt to climate change, and move toward low-carbon economic growth. Reuters reported South Korea won out because it is seen as a bridge between rich and poor countries, with its strong economic performance and admission to the OECD in 1996, but it is considered a developing nation under the 1992 U.N. climate convention. WRS’s Pete Forster asks Olivier Coutau, the canton of Geneva’s delegate to International Geneva, how the canton feels about this:

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Edward S
Wednesday, 24 October, 2012 14:05 [ 1 ]

Swiss diplomacy is skilled at exploiting the achievements of Geneva-based international organisations for its own purposes. For instance, Aung San Suu Kyi’s recent visit to the ILO was repackaged by local media - especially tv - as a visit to Switzerland and hailed as a victory of Swiss diplomacy. The same happened to Nelson Mandela’s visit. This is one area where South Korea may want to be less efficient that Switzerland.

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