Vulnerable Countries Unable to Access Adaptation Fund from GCF
A recent report has shown that countries with the highest vulnerability to climate change have missed out on finance for adaptation through the Green Climate Fund (GCF).
GCF and Climate Finance: Background
- Climate finance has been a recurring theme in international climate policy discussions, and it stems from the premise of historical responsibility — that wealthy industrialised nations emitted a bulk of the greenhouse gas emissions currently accumulated in the atmosphere, and they are morally bound to fund poor nations’ efforts to achieve low-carbon development.
- GCF is one of the largest vehicles for climate finance connected to the United Nations Framework ....
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