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UK - UN Climate Fund
September 14 , 2023
430 days
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- Britain will commit to provide 2 billion USD to the Green Climate Fund (GCF) to help developing countries cope with climate change.
- The pledge would be the biggest single funding commitment the UK has made to date to help the world tackle climate change.
- The Green Climate Fund (GFC) - the world’s largest such fund - was set up under United Nations' climate change negotiations.
- It will used to channel money needed by poor states to meet their targets to reduce carbon emissions, develop cleaner energy sources and adjust to a warming world.
- Already, Britain has committed to spend 11.6 billion pounds (14.46 billion USD) on international climate finance between 2021 and 2026.
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