Climate change is the defining challenge of our time. The human impact on our planet is unprecedented. Long-term changes in the earth’s climate system are significant.
The Green Climate Fund was established with a mission to advance the goal of keeping the temperature increase on our home planet below 2 degrees Celsius.
The Fund is a unique global initiative to respond to climate change by investing into low-emission and climate-resilient development. GCF was established by 194 governments to limit or reduce greenhouse gas emissions in developing countries, and to help adapt vulnerable societies to the unavoidable impacts of climate change.
Given the urgency and seriousness of the challenge, the Fund is mandated to make an ambitious contribution to the united global response to climate change.
The Green Climate Fund (GCF) is a fund established within the framework of the UNFCCC to assist developing countries in adaptation and mitigation practices to counter climate change.
The objective of the Green Climate Fund is to “support projects, programmes, policies and other activities in developing country Parties using thematic funding windows”.
The Copenhagen Accord, established during the 2009 United Nations Climate Change Conference (COP-15) in Copenhagen mentioned the “Copenhagen Green Climate Fund”.
The fund was formally established during the 2010 United Nations Climate Change Conference in Cancun as a fund within the UNFCCC framework.
Its governing instrument was adopted at the 2011 United Nations Climate Change Conference (COP 17) in Durban, South Africa.
1. International Institutions (Part I & II) (Part II will be sent by end of April-2021), 2. Biosphere Reserves, Biodiversity Hotspots & Hope Spots, 3. Important Terms of Ancient & Medieval History, 4. Mnemonics for UPSC, 5. Indices & Reports, 6. Economic Terms (02 Parts), 7. Environment Conventions, Terms, Organizations, 8. Important Constitutional Articles, 9. Wildlife Sanctuaries, Tiger Reserves, National Parks, 10. GI Tags in News, 11. Places in News, 12. Rivers in News, 13. Buddhism & Jainism, 14. Faunal Species of India, 15. Critical Regions, 16. Tiger Reserves in India (Updated), 17. Ramsar Sites in India (Updated), 18. World Heritage Sites in India, 19. Elephant Corridors /Reserves in India, 20. Government Portals, 21. Government Apps