The Green Climate Fund as a Mechanism for Climate Action and Justice- 21 Sept 2023

The Green Climate Fund (GCF) is the world's largest dedicated climate fund. The GCF was established in 2010 at the Cancún Climate Change Conference (COP16) as a financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC) and serves the Paris Agreement. The Paris Agreement aims to strengthen the global response to climate change, including by holding the global average temperature increase to 'well below 2°C above pre-industrial levels' and seeking to limit the temperature increase to 1.5°C, and enhancing the ability to adapt to the impacts of climate change.

The purpose of the GCF is to make a significant and ambitious contribution to global efforts to combat climate change, to contribute to the achievement of the objectives of the UNFCCC and the Paris Agreement, and to promote the 'paradigm shift' towards low-emission and climate-resilient development pathways. The Fund aims to be scalable and flexible, to maximise the impact of its funding for adaptation and mitigation, and to achieve a balance between the two. Dr Adler will discuss the role of the GCF as a mechanism to address the adverse impacts of climate change in developing countries and to achieve outcomes that contribute to justice and equity, and the realisation of the goals of the Paris Agreement.