UPSC CSE Prelims Climate Finance & Loss and Damage Flashcards
Master 10 climate finance & loss and damage concepts for the UPSC CSE Prelims.
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Question
Complete the foundational details regarding the Green Climate Fund (GCF):
The Green Climate Fund (GCF) is headquartered in , South Korea, and was established in under the Cancun Agreements to channel the originally pledged $ billion per year.
Question
Consider the following statements regarding the structure of the Green Climate Fund (GCF):
- It aims to allocate its resources in a 50:50 split between mitigation and adaptation over time.
- It has a dedicated funding window exclusively for Small Island Developing States (SIDS), Least Developed Countries (LDCs), and African States.
Which of the statements given above is/are correct?
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