Which of the following are correct about the Green Climate Fund (GCF)?

1. It aims to support climate adaptation and mitigation in developing nations
2. It was established under the Kyoto Protocol
3. It provides financial resources for renewable energy and resilience projects
4. It is managed by the United Nations Framework Convention on Climate Change (UNFCCC)

Explanation:

Analyzing the Given Options

Green Climate Fund (GCF)

• "It aims to support climate adaptation and mitigation in developing nations." (True)

  • This is one of the primary goals of the Green Climate Fund, which aims to assist developing countries in their efforts to combat climate change.

• "It was established under the Kyoto Protocol." (False)

  • The Green Climate Fund was actually established under the United Nations Framework Convention on Climate Change (UNFCCC) in 2010, not under the Kyoto Protocol.

• "It provides financial resources for renewable energy and resilience projects." (True)

  • The GCF funds a wide range of climate-related initiatives, including renewable energy projects and resilience-building activities in developing countries.

• "It is managed by the United Nations Framework Convention on Climate Change (UNFCCC)." (True)

  • The GCF operates under the guidance of the UNFCCC, which provides overall management and oversight.