Is India satisfied with the outcome on the Green Climate Fund?

India played an important role in securing an agreement on the establishment of GCF. The Transitional Committee which designed the GCF had Dr. Y.V. Reddy, Ex – Governor, RBI, as India’s nominee. India is happy that the Fund will now become operational. However, the challenge now is to secure initial capital for its operations from the developed countries, in a timely manner and in sufficient quantum.