Class 7 Exam > Class 7 Questions > “Green Climate Fund” was proposed...
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“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
Correct answer is option 'B'. Can you explain this answer?
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“Green Climate Fund” was proposed in which of the followin...
Green Climate Fund
The Green Climate Fund (GCF) was proposed in the following environment conference:
Option B: 2010 United Nations Climate Change Conference
Here is a detailed explanation:
1. Background: The Green Climate Fund (GCF) is a financial mechanism established to support developing countries in their efforts to combat climate change and adapt to its impacts. It aims to promote a paradigm shift towards low-emission and climate-resilient development.
2. Proposal: The proposal for the Green Climate Fund was put forward during the 2010 United Nations Climate Change Conference, also known as COP16 (Conference of the Parties). The conference was held in Cancun, Mexico, from November 29 to December 10, 2010.
3. Objective: The Green Climate Fund was created with the objective of mobilizing funds from developed countries and channeling them to developing countries for climate change mitigation and adaptation projects. It aims to help developing countries transition to a low-carbon and climate-resilient economy.
4. Implementation: The Green Climate Fund became operational in 2015 and is governed by a board of representatives from developed and developing countries. It provides financial support through a variety of mechanisms, including grants, loans, and equity investments.
5. Key Features: The Green Climate Fund focuses on the needs of the most vulnerable countries and aims to ensure the balanced allocation of funds between mitigation and adaptation projects. It also emphasizes the importance of gender equality and the involvement of local communities in project implementation.
In conclusion, the Green Climate Fund was proposed during the 2010 United Nations Climate Change Conference (COP16) held in Cancun, Mexico. It was established to provide financial support to developing countries for climate change mitigation and adaptation projects.
The Green Climate Fund (GCF) was proposed in the following environment conference:
Option B: 2010 United Nations Climate Change Conference
Here is a detailed explanation:
1. Background: The Green Climate Fund (GCF) is a financial mechanism established to support developing countries in their efforts to combat climate change and adapt to its impacts. It aims to promote a paradigm shift towards low-emission and climate-resilient development.
2. Proposal: The proposal for the Green Climate Fund was put forward during the 2010 United Nations Climate Change Conference, also known as COP16 (Conference of the Parties). The conference was held in Cancun, Mexico, from November 29 to December 10, 2010.
3. Objective: The Green Climate Fund was created with the objective of mobilizing funds from developed countries and channeling them to developing countries for climate change mitigation and adaptation projects. It aims to help developing countries transition to a low-carbon and climate-resilient economy.
4. Implementation: The Green Climate Fund became operational in 2015 and is governed by a board of representatives from developed and developing countries. It provides financial support through a variety of mechanisms, including grants, loans, and equity investments.
5. Key Features: The Green Climate Fund focuses on the needs of the most vulnerable countries and aims to ensure the balanced allocation of funds between mitigation and adaptation projects. It also emphasizes the importance of gender equality and the involvement of local communities in project implementation.
In conclusion, the Green Climate Fund was proposed during the 2010 United Nations Climate Change Conference (COP16) held in Cancun, Mexico. It was established to provide financial support to developing countries for climate change mitigation and adaptation projects.
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“Green Climate Fund” was proposed in which of the following environment conferences?a)2009 United Nations Climate Change Conferenceb)2010 United Nations Climate Change Conferencec)2010 G-20 Seoul summitd)None of themCorrect answer is option 'B'. Can you explain this answer?
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