Guide to the Green Climate Fund and Indigenous Peoples
The United Nations Framework Convention on Climate Change (UNFCCC) created the Green Climate Fund as a financial operating entity to disburse funds for low emission and climate resilient project and programmes developed by the public and private sectors. The Fund was established during the COP 16 in Cancun Mexico in 2010, and it aims to promote paradigm shift by funding both mitigation and adaptation projects to contribute to the sustainable development of developing countries. It was envisioned to spend half of its fund for adaptation projects, half of which is for adaptation in most vulnerable counties like least developed countries (LDCs), African states and small island developing states (SIDS); and the other half for mitigation projects.
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