Question

"Green Climate Fund" was proposed in which of the following environment conferences?
A) 2009 United Nations Climate Change Conference
B) 2010 United Nations Climate Change Conference
C) 2010 G-20 Seoul summit
D) None of them

Answer 1

Hint: The United Nations Framework Convention on Climate Change (UNFCCC) established an international environmental treaty to combat "dangerous human interference with the climate system," which includes reducing greenhouse gas concentrations in the atmosphere.

Complete answer:
The Green Climate Fund (GCF) is a fund established within the UNFCCC framework as an operating entity of the Financial Mechanism to assist developing countries in climate change adaptation and mitigation practices. The GCF is headquartered in Incheon, South Korea. It is governed by a Board of 24 members, who are assisted by a Secretariat.

The Green Climate Fund's mission is to "support projects, programs, policies, and other activities in developing country Parties through thematic funding windows." The Green Climate Fund is intended to be the focal point of UNFCCC efforts to raise climate finance. Yannick Glemarec is the current executive director.

The goal of the Green Climate Fund (GCF) is to broaden collective human action in response to climate change. The Fund's goal is to raise large amounts of money to invest in low-emission and climate-resilient development on our home planet.

In 2010, 194 UN Framework Convention on Climate Change parties established the Green Climate Fund. It is based in the Republic of Korea and serves as an operating entity for the Convention's financial mechanism. It is governed by a 24 member Board of Directors who represent countries and is guided by the Conference of the Parties to the Convention (COP).

The UN Framework Convention on Climate Change (UNFCCC) established the Fund to support a paradigm shift in the global response to climate change. It directs its resources to projects and programs in developing countries that are low-emission and climate-resilient. The Fund focuses on the needs of societies that are particularly vulnerable to the effects of climate change, such as Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African countries.

Thus, the answer is option B: 2010 United Nations Climate Change Conference.

Note: The GCF's primary impact areas are as follows:
- Access to low-emission energy and power generation
- Transportation with low emissions
- Buildings, cities, and industries that use less energy
- Forest management and sustainable land use
- Improved livelihoods for the most vulnerable individuals, communities, and regions
- Improve health and well-being, as well as food and water security
- Resilient infrastructure and ecosystems