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As the international community geared up for the 21st Conference of the UNFCCC Parties in Paris in December 2015, there was increasing discussion about how the necessary investments in mitigation and adaptation might be financed, particularly in developing countries. This brief presents the main features of the Green Climate Fund that the parties to the Convention have established by consensus. GCF is mandated to play a central role in mobilizing and channelling the financial resources required to enable a paradigm shift towards low-emission and climate-resilient pathways in developing countries.
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