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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):

  1. It aims to allocate its resources in a 50:50 split between mitigation and adaptation over time.
  2. 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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