Question
Download Solution PDFIn which year was the 'Green Climate Fund' established ?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 2010.
- The Green Climate Fund (GCF) is the world's largest dedicated fund helping developing countries reduce their greenhouse gas emissions and enhance their ability to respond to climate change.
- It was set up by the United Nations Framework Convention on Climate Change (UNFCCC) in 2010.
- Its Headquarters located in Songdo-dong, Incheon, South Korea.
Key Points
- Green Climate Fund attracts a record US$9.8 billion for developing nations.
- GCF has a crucial role in serving the Paris Agreement, supporting the goal of keeping average global temperature rise well below 2°C.
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