Green Climate Fund (GCF)

The Green Climate Fund (GCF) was established within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) to assist developing countries in their efforts to combat climate change. The fund aims to promote a paradigm shift towards low-emission and climate-resilient development by providing financial assistance for projects and programs that reduce greenhouse gas emissions and enhance adaptive capacity. GCF mobilizes funding from various sources, including public and private sector investments, to support climate action in developing nations.