The Green Climate Fund (GCF) is a global fund created to support the efforts of developing countries responding to the challenges of climate change. The GCF helps developing countries limit or reduce their greenhouse gas emissions and adapt to climate change, through promoting a shift towards low-emission and climate-resilient development. The needs of nations that are particularly vulnerable to climate change impacts are considered seriously by the Fund.
Set up by the 194 countries who are parties to the United Nations Framework Convention on Climate Change in 2010, the GCF forms a significant part of the Convention’s financial mechanism. The Fund aims to deliver equal amounts of funding to mitigation and adaptation, while being guided by the Convention’s principles and provisions.