At UN there is no shame -- despite the failure of Rio+20, the UN is going ahead and setting up the Green Climate Fund (GCF) eventhough they have no fund$

First UN climate fund board meeting set for August 23
Chicago Tribune
LONDON (Reuters) - The first board meeting of the United Nations' Green Climate Fund (GCF) will be held on August 23 to 25, an official at the fund's interim secretariat said on Thursday, five months later than it was originally planned. The fund is designed to help channel up to $100 billion a year in climate finance by 2020 to help developing countries adapt to climate change. However, the fund is an empty shell after last year's U.N. climate talks failed to make solid progress on sources of finance and the global ...