How can the Green Climate Fund initiate a paradigm shift?
World leaders and governments paved the way for the establishment of the Green Climate Fund (GCF) through the United Nations Framework Convention on Climate Change (UNFCCC) agreements made at the Conference of Parties (COPs) in Copenhagen (2009) and Cancún (2010). The objective of the Green Climate Fund is to achieve a paradigm shift towards low-carbon and climateresilient development pathways. This requires ambition, in the design of funded activities and in the provision of financial resources to the GCF.