The Green Climate Fund's (GCF) aim is to expand collective human action to respond to climate change. The Fund aims to mobilize funding at scale to invest in low-emission and climate-resilient development on our home planet.
The Green Climate Fund, established by the 194 parties to the United Nations Framework Convention on Climate Change (UNFCCC) in 2010, aims to facilitate a paradigm shift in the global response to climate change. It is designed as an operating entity of the Convention’s financial mechanism and is headquartered in the Republic of Korea. It is governed by a 24-member Board of Country Representatives and receives guidance from the Convention's Conference of Parties (COP). It allocates its resources to low-emission and climate-resilient projects and programmes in developing countries. The Fund focuses on the needs of societies that are highly vulnerable to the effects of climate change, in particular Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African States.
