The 15th William G. Demas Memorial Lecture
From the document:
The Green Climate Fund is a new multilateral fund that was agreed at the sixteenth session of the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UFCCC) held in Cancun, Mexico.
The Fund’s purpose is to make a significant contribution to the global efforts to limit warming to 2°C by providing financial support to developing countries to help limit or reduce their greenhouse gas emissions, and to adapt to the unavoidable impacts of climate change.
Our vision is to devise new paradigms for climate finance, maximize the impact of public finance in a creative way, and attract new sources of public and private finance to catalyse investment in adaptation and mitigation projects in the developing world.
By catalysing public and private funding at the international, regional, and national levels through dedicated programming in climate change mitigation and adaptation, and as a driver of climate resilient development, the Green Climate Fund is poised to play a relevant and timely role in climate action globally.