Environmental Politics Climate Change Politics Questions
The Green Climate Fund (GCF) is a financial mechanism established under the United Nations Framework Convention on Climate Change (UNFCCC) to support developing countries in their efforts to mitigate and adapt to climate change. Its main role is to provide financial resources to developing countries to help them reduce greenhouse gas emissions and enhance their resilience to the impacts of climate change. The GCF aims to promote a paradigm shift towards low-emission and climate-resilient development pathways by mobilizing funds from various sources, including developed countries, private sector entities, and other international financial institutions. It also prioritizes the needs of vulnerable countries and communities, particularly those that are most affected by climate change. Additionally, the GCF supports capacity-building activities and technology transfer to enable developing countries to effectively address climate change challenges.