Submission to the UNFCCC Standing Committee on Finance (SCF) for its fourth meeting on 15-17 June in Bonn, Germany.

The focus of the recent SC meeting in Bonn was to draft the text for the arrangements between the UNFCCC Conference of Parties and the Green Climate Fund. This submission by the Oxford Institute for Energy Studies looks at the question that ultimately proved to be most controversial: What does it mean for an Operating Entity of the UNFCCC Financial Mechanism to be accountable to the COP, and how does this relate to operationalizing Art. 11.3 (b)?