The Transitional Committee of the Green Climate Fund closed a September 11-3 meeting in Geneva by endorsing a reflections paper on design issues related to the fund. Negotiators said that they have made progress on establishing the framework of a new international fund to help developing countries address challenges from climate change, but that much remains to be done before the next global climate summit in South Africa later this year. The paper addresses the objectives, guiding principles, and scope of the fund as well as its governance and institutional arrangements.