Consider the following regarding the Green Climate Fund GCF 1 It is aimed at achieving the goal set ...........

Environment and Ecology Environment- Institutional Structure

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Consider the following regarding the Green Climate Fund (GCF):

1.It is aimed at achieving the goal set out by the United Nations Framework Convention on Climate Change.

2.It is a mechanism to redistribute money from the developed to the developing world for adaptation and mitigation practices to counter climate change.

3.It was established under the Paris Agreement 2015.

Which of the statements given above is/are correct?

1 and 2 only

2 and 3 only

1 and 3 only1

1, 2 and 3

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Explanation:

1 and 2 only

The Green Climate Fund is a fund for climate finance that was established within the framework of the United Nations Framework Convention on Climate Change.
Its objective is to assist developing countries with climate change adaptation and mitigation activities.

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