Green Climate Fund
The Green Climate Fund (GCF) is a global initiative established to support developing countries in their efforts to combat climate change. It was created under the framework of the United Nations Framework Convention on Climate Change (UNFCCC) and aims to promote a shift towards low-emission and climate-resilient development. The fund provides financial assistance for projects that reduce greenhouse gas emissions and enhance climate resilience.
The GCF mobilizes funding from various sources, including public and private investments, to support projects in areas such as renewable energy, sustainable agriculture, and forest conservation. By channeling resources to vulnerable communities, the GCF seeks to help countries adapt to the impacts of climate change while promoting sustainable development.