The Green Climate Fund (GCF) is a financial mechanism established by the United Nations Framework Convention on Climate Change (UNFCCC) to support developing countries in their efforts to mitigate and adapt to climate change. The GCF was established in 2010, and it aims to help developing countries to shift towards low-emission and climate-resilient development pathways.
The GCF is funded by contributions from developed countries, and it provides grants, concessional loans, and other forms of financial assistance to developing countries to support climate action. The fund focuses on supporting projects and programs that promote the reduction of greenhouse gas emissions and the adaptation to the impacts of climate change.
The GCF is an important part of the global efforts to address climate change, and it plays a crucial role in mobilizing finance to support developing countries in their climate action. Since its establishment, the GCF has approved funding for a range of projects and programs in developing countries, including renewable energy projects, climate-smart agriculture, and programs to improve access to clean water and sanitation.
