Green Climate Fund

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The Green Climate Fund (GCF), also known in German as the Green Climate Fund , is a climate fund of the United Nations Framework Convention on Climate Change (UNFCCC) with its administrative headquarters in Incheon . The fund was established in the course of the UN climate negotiations in the “ Loss and Damage ” line of negotiations with the aim of climate finance , i. H. to provide money for projects both to reduce greenhouse gas emissions and to adapt to climate change in developing countries.

From 2020 onwards, 100 billion US dollars will be made available annually for this purpose, part of which will be provided by the Green Climate Fund. With regard to the Paris Agreement , the GCF is expected to act as the main channel and financial lever for multilateral financial transfers and investments from developed countries to developing countries.

The Green Climate Fund (GCF) was first mentioned at the UN climate conference COP 15 in the " Copenhagen Agreement " in 2009. The fund was actually founded and set up within the framework of the UNFCCC one year later during the UN climate conference in Cancun . In 2012, the seat of the Green Climate Fund was awarded to the South Korean city of Incheon , in whose district Songdo it is today, following an award competition in which the city of Bonn also took part .

Accredited institutions

List of March 15, 2017:

See also

Web links

Footnotes

  1. ↑ van Kerkhoff, Lorrae; Ahmad IH, Pittock J. and Steffen W. (2011). Designing the Green Climate Fund: How to Spend $ 100 Billion Sensibly . Environment: Science and Policy for Sustainable Development 53 (3)
  2. ↑ Liane Schalatek: In the starting blocks. In: D + C development and cooperation . May 22, 2015, accessed November 20, 2016 .
  3. ↑ UNFCCC: Report of the Conference of the Parties on its sixteenth session, held in Cancun from 29 November to 10 December 2010: Addendum Part Two: Action taken by the Conference of the Parties at its sixteenth session, Decision 1 / CP.16 ( PDF; 188 kB) Accessed April 19, 2013.
  4. ↑ Kim Rahn, Kim Tae-jong: GCF success makes Songdo global star city. In: The Korea Times. October 21, 2012, accessed November 20, 2016 .
  5. ^ List of Accredited Entities. Green Climate Fund, accessed March 15, 2017 .