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Global Environment Facility (GEF)
- Provides grants for projects related to biodiversity, climate change, international waters, land degradation, and chemical and waste.
- It includes a set of Environmental and Social Safeguards and Gender Mainstreaming policies, which contribute to the protection of human rights.
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Green Climate Fund (GCF)
- Assist developing countries to reduce their greenhouse gas emission and adapting to climate change.
- Provides grants, loans, equity and guarantees to leverage additional private sector finance
- Strengthen the institutional and technical capacities of developing countries to plan, implement, and monitor climate action.
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Adaptation Fund
- Direct financial support for concrete adaptation projects that help vulnerable communities in developing countries.
- Focuses on-the-ground projects that have immediate and tangible benefits for local populations: flood defenses, drought-resistant crops
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Climate Investment Fund
- Finance Large-Scale climate projects in developing countries. These projects are aimed at reducing greenhouse gas emission and enhancing climate resilience.
- Catalyze Private Sector Investments by creating conditions that attract private capital into climate projects.
- Main financial mechanism under the UNFCCC
Support the implementation of the Paris Agreement
- Multilateral environmental fund, it works through agencies like World Bank, UNDP, UNEP
- Financial Instruments to help developing countries accelerate their transition to low-carbon and climate resilient development.
- Financial mechanism under the Kyoto Protocol designed to support countries in adapting the adverse effects of climate change.