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A decision on who the next two co-chairs of the fund will be is expected to be made in Zambia late next week. The co-chair positions are typically held by one developing and one developed country for a period of one year. Fairfax Media has learnt that Ms Bishop first proposed Australia put its name forward to co-chair the fund when Mr Abbott was still prime minister.

Final approval for the bid was not, however, forthcoming until the Liberal Party switched to Malcolm Turnbull last month…….

Greens climate change spokeswoman Larissa Waters, however, said the decision to nominate for the co-chair position was hypocritical given that, in her view, Australia’s estimated fair share contribution should be $350 million annually.

“Australia has no credibility in overseeing the Green Climate Fund when this government is simultaneously trying to open the southern hemisphere’s largest coal mine in Queensland,” she said.

“We are the largest per capita emitter of carbon pollution of any developed country and the Turnbull government’s measly reduction targets will keep it that way.”

The bid comes ahead of a crucial climate conference that will be held in Paris at the end of this year, which Ms Bishop, Environment Minister Greg Hunt and possibly Mr Turnbull will attend. http://www.canberratimes.com.au/federal-politics/political-news/australia-bids-to-cochair-the-green-climate-fund-criticised-by-tony-abbott-20151030-gkmvv6.html#ixzz3q5fTp7CX