Green Climate Fund
The Green Climate Fund (GCF), established under the United Nations Framework Convention on Climate Change (UNFCCC), is designed to finance 50-50 of climate change adaption and mitigation projects to combat the negative effects of climate change.
It is the world’s largest fund with the purpose of assisting developing countries enhance their abilities to adapt to climate change and reduce their greenhouse gas emissions. This unique global platform which was established by 194 governments is managed to make an ambitious contribution to the global response and given the urgency to help vulnerable societies adapt to the impacts of climate change. It does this by channelling climate finance to developing countries, which have joined other nations in committing to climate action.