The Green Climate Fund (GCF) was created under the United Nations Framework Convention on Climate Change (UNFCCC) to channel USD 100 billion a year starting from 2020 onwards, which the developed countries have pledged to provide to developing countries to tackle climate change through both mitigation as well as adaptation activities. The Secretariat of the GCF is located in Korea and the GCF Board has equal representation from developed and developing countries.
The Green Climate Fund (GCF) was created under the United Nations Framework Convention on Climate Change (UNFCCC) to channel USD 100 billion a year starting from 2020 onwards, which the developed countries have pledged to provide to developing countries to tackle climate change through both mitigation as well as adaptation activities. The Secretariat of the GCF is located in Korea and the GCF Board has equal representation from developed and developing countries.